BSEDecillion Finance LtdMediumNeutral
Announced Thu, 2 Jul · 20:57 IST

New auditor appointed after prior auditor resigned; new independent director joins

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
prior close
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After-mkt
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-0.4-2.4-8.4+0.1+9.1
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AI summary

Decillion Finance board approved appointing M/s MGSA & Company as new statutory auditors for FY2026-27 to fill the casual vacancy left by the resignation of previous auditors M/s T D K & Co. The board also appointed Mrs. Nita Agarwal as Additional Non-Executive Independent Director for five years. Both appointments require shareholder approval within three months at a general meeting.

Likely market impact

Prior auditor exit may raise governance questions; new auditor and independent director need shareholder approval at upcoming general meeting.