BSEFaalcon Concepts LtdMediumNegative
Announced Tue, 2 Jun · 10:26 IST

We regret to inform you that sudden & untimely demise of M/S Kundan Kumar Mishra & Associates, Secretarial auditor of the company. The management & all employees of Company express their ....

Auditor Resigned MidtermManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
1-day move
₹38.00
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+0.0-8.8-13.4-26.9
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AI summary

Faalcon Concepts Limited has informed the stock exchange about the sudden and untimely demise of its Secretarial Auditor, M/s Kundan Kumar Mishra & Associates (Practicing Company Secretary, Peer Review No. 2908/2023). The cessation date is recorded as 30.05.2026. The Board of Directors and employees have expressed deep condolences to the bereaved family, acknowledging the auditor's invaluable contributions and guidance to the company. The company will need to appoint a new Secretarial Auditor to fill this mid-term vacancy, as required under SEBI Listing Regulations.

Likely market impact

The company must appoint a new Secretarial Auditor soon to remain compliant with SEBI Listing Regulations. This is a routine governance continuity issue and is unlikely to materially affect the stock price, but investors should watch for the appointment of a replacement auditor in the coming weeks.