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BSEDindigul Farm Product Ltd· Food ProductsHighNegative
Announced Fri, 26 Sept, 2025 · 15:59 IST

We hereby inform you that M/s. Venkatesh & Co., Chartered Accountants, Statutory Auditor have tendered their resignation from the position of the Statutory Auditor with effect from 25-09-2025.

Auditor Resigned MidtermManagement Changes View source PDFExplain this filing

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

Price reactionminutes from the announcement price · days from the prior close
+3.5%Reaction day
₹21.44
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Nifty Microcap 250market · in no size index; the smallest one is used-0.8%+4.4% vs market
Dairy Products peers, median of 9sector-1.4%+5.0% vs sector

On the reaction day the stock moved 4.4 pts more than Nifty Microcap 250 and 5.0 pts more than its Dairy Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Dindigul Farm Product Ltd has informed the BSE that its Statutory Auditor, M/s. Venkatesh & Co., Chartered Accountants, has resigned effective 25 September 2025. The auditor was originally appointed for a full five-year term covering FY 2024-25 to FY 2029-30, so this resignation comes well before the end of their tenure, after only completing the audit for FY 2024-25. The stated reason is pre-occupation with other professional commitments, and the company says there are no other material reasons behind the exit. The Board will now begin the process of appointing a new statutory auditor as required under Section 140 of the Companies Act, 2013, and SEBI Listing Regulations.

Likely market impact

This is a mid-term auditor change, which investors should watch. A routine reason (workload) is less worrying, but the company will need to appoint a replacement quickly to avoid any gap in audit coverage, and any future restatement or qualification concerns from the new auditor could become a near-term overhang on sentiment.