Announced Tue, 7 Jul · 14:47 IST

New Statutory Auditor appointed to fill casual vacancy

Auditor Resigned MidtermManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹491.40
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.3+4.0+6.2+6.4+10.5+7.8+1.8
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AI summary

Exhicon Events Media Solutions has appointed M/s. Bilimoria Mehta & Co. as its new Statutory Auditor for 5 years (FY2026-27 to FY2030-31), filling the casual vacancy left by the resignation of previous auditor M/s. Piyush Kothari & Associates. The new firm, established in 1977, has offices in Mumbai, Delhi and Bangalore. The appointment is subject to shareholder approval at an upcoming EGM.

Likely market impact

Auditor change mid-term may raise governance questions, though the new firm is well-established with listed-company experience.