Announced Fri, 11 Jul · 16:07 IST

Additional details required by exchange with reference to corporate announcement made on June 27, 2025.

Price

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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

Dhruva Capital Services Ltd has informed BSE that its statutory auditor M/s L.K. Saraf & Co (FRN: 002602C) resigned with immediate effect on June 27, 2025, citing professional pre-occupation with other assignments. To fill the casual vacancy, the Board approved the appointment of M/s V Jalan & Co (FRN: 320010E), with the new auditor to serve until the conclusion of the next AGM. The new auditor is led by proprietor Mr. Vishal Jalan, a B.Com (Hons) graduate and FCA with over 20 years of experience in audit, taxation, NBFC and bank audits. In a separate letter dated July 11, 2025, the company responded to a BSE query clarifying that the board meeting on June 27 ran from 18:00 to 18:15 hrs (15 minutes), correcting an omission in the original filing. No adverse concerns, qualifications, or disputes were flagged by the outgoing auditor.

Likely market impact

The auditor change appears routine and non-controversial — outgoing auditors cited workload reasons with no reported disagreements, and the replacement is a qualified firm with relevant NBFC audit experience. Shareholders should note the continuity of audit oversight remains intact ahead of the next AGM, though sudden mid-year auditor changes are worth monitoring for any underlying governance signals.