Announced Thu, 18 Jun · 15:08 IST
Statutory Auditor Resigns from Eastern Silk Industries
EASTSILK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹49.00
prior close
₹50.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0—+1.9+7.0+1.5+3.0-0.2-2.0+3.1-0.8——
Up moveDown movePending
AI summary
Eastern Silk Industries Limited has informed the NSE about the resignation of its Statutory Auditor. The filing does not detail the specific reasons for the resignation. Under the Companies Act, the Board will need to appoint a new statutory auditor within the prescribed timeline to fill the casual vacancy. Shareholders should watch for further disclosures on the appointment and any stated reasons.
Likely market impact
Auditor resignation can raise governance concerns. Watch for stated reasons and timely appointment of a new auditor.