Announced Thu, 1 Oct, 2026 · 19:45 IST
Statutory Auditor R H Panwar & Associates Resigns with Immediate Effect
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
-0.2%1-day move
₹41.38
prior close
₹41.38
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0-1.4-3.0-0.2+4.7+10.0———————
Up moveDown movePending
AI summary
Statutory auditor M/s R H Panwar and Associates resigned on October 1, 2026 with immediate effect, before completing its term which was scheduled to run until the 6th AGM in 2027. Reason cited is that the firm lacks the Peer Review certification required to continue as statutory auditor for FY 2026-27. The auditor had already issued the audit report for FY ending March 31, 2026. No concerns about management or information access were flagged.
Likely market impact
Company must appoint a new statutory auditor soon. Reason is professional or regulatory, not governance-related, so impact on shareholders appears neutral for now.