Statutory auditor resigns, new auditor named, green energy rebrand proposed

Auditor resigned mid-termManagement Changes View source PDF Explain this filing

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Nifty Microcap 250market · in no size index; the smallest one is used+0.9%-1.8% vs market

By the next day the stock moved 1.8 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Board on Oct 13 2026 noted resignation of statutory auditor P.S. Thakare & Co., effective Sept 24 2026, and appointed Vijay Agrawal & Co. to fill the casual vacancy. Also proposed renaming company to Emkay Green Energy and Commercial Limited or similar, subject to shareholder and MCA approvals. Mr. Ajayprakash Kanoria to continue as Managing Director beyond age 70, subject to shareholder approval.

Likely market impact

Mid-term auditor exit and proposed rebrand to green energy may signal a strategic pivot. Check disclosure on why auditor left and watch the shareholder vote.