DALBHARATNSEDalmia Bharat LimitedMediumNeutral
Announced Sat, 23 May · 18:18 IST

Dalmia Bharat Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

DALBHARAT · price

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Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹1785.00
prior close
₹1796.70
base price
After-mkt
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+0.4+0.8+0.6-0.1+0.1+0.5-2.5-1.8-1.9-3.6-4.4-3.8+2.1
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AI summary

Dalmia Bharat Limited's Board has recommended the re-appointment of M/s Walker Chandiok & Co LLP as Statutory Auditors for a second term of 5 years, from the conclusion of the 13th AGM until the 18th AGM in 2031. The auditors' first 5-year term concludes at the upcoming AGM on June 30, 2026, and the re-appointment is subject to shareholder approval. The Board also approved convening the 13th AGM on June 30, 2026 via video conferencing, and seeking shareholder approval for issuance of securities up to Rs. 4,000 crore through various modes. Additionally, the Board fixed June 23, 2026 as the record date for determining dividend entitlement for a proposed final dividend of Rs. 5 per share for FY 2025-26.

Likely market impact

The re-appointment is a routine governance matter and maintains continuity with an established audit firm. No immediate impact on shareholders expected, though voting on the auditor re-appointment will be required at the AGM.