Announced Wed, 16 Sept · 23:02 IST
Independent law firm to investigate allegations from former consultant
ONMOBILE · 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
-5.9%1-day move
₹51.81
prior close
₹54.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.6-3.8-4.4-2.7-5.9-1.1————————
Up moveDown movePending
AI summary
A former consultant has raised unsubstantiated allegations of potential anomalies in the company's operations, which may have legal or compliance implications. The Audit Committee has appointed an independent law firm to conduct a fact-finding investigation and assess the factual basis. The investigation is currently underway and no conclusions have been reached. The company will make further disclosures based on the outcome and any material developments.
Likely market impact
May create short-term uncertainty and negative sentiment until the investigation concludes. Share price could face volatility during the review period.