Campus Activewear Limited has informed the Exchange regarding Change in Auditors of the company.
CAMPUS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.9 pts less than Nifty Microcap 250 and 2.4 pts less than its Footwear peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Campus Activewear's Board meeting on May 25, 2026 approved several items including audited Q4 and FY2026 results showing net profit of Rs 187.79 Crores (up 25% YoY) on revenue of Rs 1,796.96 Crores (up 5.4% YoY). The Board recommended a final dividend of Rs 1.50 per share (30% payout) subject to shareholder approval at the 18th AGM on August 20, 2026. Re-appointments were approved for CEO and Whole-time Director Mr. Nikhil Aggarwal, and four independent directors for second terms. Critically, M/s Ernst & Young LLP was appointed as Internal Auditors for FY 2026-27, while Statutory Auditors remain M/s B S R & Co., LLP who issued an unmodified opinion. Note: The headline mentions 'Change in Auditors' but the document only shows appointment of internal auditors, not a change in statutory auditors.
Stable governance picture with leadership continuity. The appointment of EY as internal auditors (different from statutory auditors) and clean audit report with strong profit growth should be positive for investor confidence. Dividend announcement provides near-term shareholder return.