BSEDavin Sons Retail LtdMediumNeutral
Announced Fri, 5 Jun · 21:55 IST

Re-Appointment of M/S. N.K. Mittal & Associates (FRN No. 11328W) as an Internal Auditor of the company for financial year 2026-27

Management Changes View source PDF

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

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₹38.03
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AI summary

Davin Sons Retail's board met on June 5, 2026 and disclosed a delay in submitting audited financial results for the quarter and year ended March 31, 2026, along with reasons for the delay as required by SEBI. The board re-appointed M/s. N.K. Mittal & Associates (FRN 113281W) as the Internal Auditor for FY 2026-27. The Audit Committee was reconstituted, with independent director Ms. Saloni Mehra taking over as Chairperson from Ms. Sapna, while managing director Mr. Mohit Arora continues as a member. The committee composition remains compliant with Section 177 of the Companies Act and SEBI LODR norms.

Likely market impact

The delayed submission of FY26 audited results is a negative governance signal that investors should track closely, while the internal auditor re-appointment and standard audit committee reshuffle are routine and neutral for the stock.