Announced Wed, 5 Aug · 19:48 IST
Davangere Sugar re-appoints statutory auditor for 5-year term
DAVANGERE · price
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Price reaction · full curve 14 horizons · vs prior close
-0.6%1-day move
₹3.14
prior close
₹3.22
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.0-3.7-3.7-3.7-0.6-1.3-1.6-1.9-4.8+2.2-32.5-36.9——
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AI summary
Davangere Sugar Company has re-appointed M/s. D G M S and Co., Chartered Accountants, as its statutory auditor for a second consecutive 5-year term, covering FY 2026-27 to FY 2030-31. The board approved this on August 5, 2026, based on the audit committee recommendation. The re-appointment is subject to shareholder approval at the upcoming AGM. The firm is based in Jamnagar, Gujarat.
Likely market impact
Routine auditor re-appointment with no governance red flags. Shareholder approval pending at the upcoming AGM.