BSEDhenu Buildcon Infra LtdMediumNeutral
Announced Fri, 12 Sept · 17:14 IST

The Exchange and Investors are hereby informed that boards of directors of the company at their meeting held today had approved appoint of M/s. Rajesh Gupta and Co. as statutory Auditor ....

Cfo ResignedKmp ResignedManagement Changes View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

At a board meeting on September 12, 2025, Dhenu Buildcon Infra's directors approved the appointment of M/s. Rajesh H Gupta & Co, Chartered Accountants (FRN: 133884W), as the company's new Statutory Auditors for a five-year term covering FY 2025-26 through FY 2029-30. This appointment is subject to shareholder approval at an upcoming Extra Ordinary General Meeting. In a separate decision, Mr. Bhavesh Chandrakant Mehta (DIN: 10617857) resigned from his roles as Chief Financial Officer and Executive Director, effective from the close of business on September 12, 2025, citing pre-occupation with other activities. No other material reason for his resignation was disclosed.

Likely market impact

The CFO and Executive Director exit adds near-term leadership uncertainty and may weigh on investor sentiment, as financial oversight and strategic direction must transition quickly. The auditor change appears routine but warrants confirmation by shareholders at the upcoming EGM before it becomes final.