Announced Tue, 16 Jun · 19:39 IST

Canara HSBC Life Insurance recommends two joint statutory auditors

Management Changes View source PDF

CANHLIFE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.8%1-day move
₹139.00
prior close
₹139.01
base price
After-mkt
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-0.2+0.2-0.0+0.1+1.8+1.8+2.8-0.3-2.4+0.4+1.7+7.2
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AI summary

Canara HSBC Life Insurance's Board has recommended appointing Brahmayya & Co. as Joint Statutory Auditor for 1 year and M Bhaskara Rao & Co. for 4 years, effective from the conclusion of the 19th AGM. Existing auditors Raj Har Gopal & Co. and Brahmayya & Co. complete their term at the 19th AGM. Both appointments are subject to shareholder approval. Board meeting was held on 16th June 2026.

Likely market impact

Routine auditor rotation. Brahmayya & Co. reappointed for 1 year; M Bhaskara Rao & Co. replaces Raj Har Gopal & Co. for 4 years.