New auditor appointed; CEO and director re-appointed at AGM

Management Changes View source PDF Explain this filing

CENTENKA · price

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

Price reactionminutes from the announcement price · days from the prior close

+1.4%Reaction day

₹564.70

prior close

₹573.10

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+1.2% vs market

Other Textile Products peers, median of 191sector+0.0%+1.4% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 1.4 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.1

10m

-1.6

15m

-1.7

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4+0.3+1.2+0.0+1.4

Next day

-2.2+0.5-2.8-0.4-1.9

-2.1+0.1-2.1-0.2-1.9

-0.8+0.7-1.5-0.4-0.5

-3.0+0.4-3.5-0.4-2.7

-2.8+0.7-3.5-0.4-2.4

-3.8+0.1-3.9-0.2-3.6

15d

+0.2+1.5-1.2-0.5+0.7

+1.2+0.3+0.9-2.1+3.4

-3.8-6.2+2.3-5.7+1.9

—————

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 191Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shareholders at the 60th AGM on 20 Aug 2026 approved: M/s. Singhi & Co. as new Statutory Auditors for 5 years, replacing KKC & Associates LLP whose second term ended. Mrs. Rajashree Birla re-appointed as Director. Mr. Suresh Sodani re-appointed as MD and CEO for 2 years from 1 Apr 2027 to 31 Mar 2029.

Likely market impact

Routine governance updates. Auditor rotation and leadership continuity, no material change for shareholders.