Announced Mon, 12 Oct, 2026 · 12:28 IST
Board notes auditor resignation, appoints new auditor, approves MD continuation, calls EGM
ETL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Emkay Tools board on October 12, 2026 accepted the resignation of statutory auditor P S Thakre and Co (effective September 24, 2026) and appointed Vijay Agrawal and Co as the new statutory auditor to fill the casual vacancy. It also approved MD Ajayprakash Kanoria continuing past 70 years of age up to May 28, 2028, subject to shareholder approval by special resolution at an EGM on November 5, 2026.
Likely market impact
Auditor change is administrative but mid-term resignation may raise governance questions. MD continuation needs shareholder nod at EGM.