CRIZACBSECrizac LtdMediumNegative
Announced Thu, 21 May · 14:45 IST

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that Ghoshal & Co., Internal Auditor of the Company, have ....

Auditor Resigned MidtermManagement Changes View source PDF

CRIZAC · 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
+1.2%1-day move
₹201.50
prior close
₹204.87
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2-0.2-0.3-0.4+1.2+11.2+18.0+13.0+8.7+7.2+2.9+4.6-6.3
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AI summary

Crizac Ltd has received the resignation of its Internal Auditor, Ghoshal & Co., Chartered Accountants (FRN: 050177), effective May 21, 2026. The firm cited preoccupation with professional commitments and time constraints as the reason for stepping down. The internal audit assignment was originally limited to the period ending March 31, 2026. The auditor confirmed there are no material reasons for the resignation beyond those stated. The company, signed by Company Secretary Kashish Arora, has disclosed this change under SEBI Regulation 30 and attached the resignation letter for record.

Likely market impact

The resignation of an internal auditor mid-term could signal governance gaps or internal control reassessment needs. Shareholders should monitor whether the company appoints a replacement promptly to maintain audit continuity.