Statutory auditor retires after term, new auditor appointed for 5 years

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

+2.3%Reaction day

₹11.50

prior close

₹11.77

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+2.3% vs market

Residential, Commercial Projects peers, median of 66sector-0.4%+2.7% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Microcap 250 and 2.7 pts more than its Residential, Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+2.3+0.0+2.3-0.4+2.7

Next day

+2.6+1.3+1.3+0.0+2.6

+0.5+1.1-0.6+0.0+0.5

-4.4-1.7-2.7-1.5-2.9

-4.8-1.4-3.3-1.4-3.3

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-10.4+0.3-10.7-0.9-9.5

15d

+0.0-6.1+6.1-2.1+2.1

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UpDownMarket · Nifty Microcap 250Sector · Residential, Commercial Projects peers, median of 66Pending

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

AI summary

Crane Infrastructure informed BSE that statutory auditor M/s. Pundrikakshyam & Associates retired upon completion of their tenure at the 18th AGM held on 30 September 2026. Shareholders approved the appointment of M/s. Umamaheswara Rao & Co. as the new statutory auditor for a five-year term, from the conclusion of the 18th AGM until the conclusion of the 23rd AGM.

Likely market impact

Routine auditor rotation; no governance concern as a successor was appointed smoothly at the AGM.