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Awaiting price reaction for this filing.
Dynavision Limited informed the stock exchange that its material subsidiary, Dynavision Green Solutions Limited, has appointed M/s Pavani Kota & Co (FRN: 028762S) as Statutory Auditors for FY 2025-2026, filling a casual vacancy caused by the resignation of the previous statutory auditors. The new statutory auditor has been recommended for a five-year term covering the 3rd to 8th AGM. Additionally, Mrs. Srividhya Narasimhan, a Practicing Company Secretary with 10 years of experience, was appointed as Secretarial Auditor for five consecutive financial years starting FY 2025-26. Both decisions were taken at the subsidiary's board meeting on 13th June 2025 and are subject to member approval where applicable.
This is a routine governance/compliance update at the subsidiary level. Shareholders should note that the previous statutory auditor resigned mid-term, which prompted the new appointment; the change does not indicate any financial irregularity. Neutral to mildly positive as it restores full audit coverage at the material subsidiary.