BSEDecillion Finance LtdMediumNeutral
Announced Thu, 2 Jul · 20:54 IST

Decillion Finance appoints new auditor and independent director

Auditor Resigned MidtermManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹38.95
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AI summary

Board of Decillion Finance on 2 July 2026 approved two changes. First, M/s MGSA and Company, Chartered Accountants was appointed as statutory auditor for FY 2026-27 to fill a casual vacancy caused by the resignation of the previous auditor M/s T D K and Co. This appointment needs shareholder approval within three months. Second, Mrs. Nita Agarwal was appointed as Additional Non-Executive Independent Director for five years, also subject to shareholder approval. She is a commerce graduate with experience in finance, corporate governance, and compliance. She holds no shares and has no inter-director relationships.

Likely market impact

Previous auditor resigned mid-term and replaced. New independent director added. Both appointments need shareholder approval at an upcoming meeting.