GBGLOBALNSEGB Global LimitedMediumNeutral
Announced Sat, 30 May · 24:37 IST
GB Global Limited has informed the Exchange regarding Change in Auditors of the company.
Management Changes View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
GB Global Limited held a Board meeting on May 29, 2026, where it approved the audited financial statements for Q4 and FY ended March 31, 2026. The Board appointed M/s. JVJ & CO. LLP as Internal Auditor for FY 2026-27, a Cost Auditor for the same year, and a Secretarial Auditor for FY 2025-26 through 2029-30. The statutory auditors have issued a modified opinion on the financial statements, indicating concerns about the accuracy or completeness of the accounts.
Likely market impact
The appointment of new auditors appears routine, but the modified audit opinion from statutory auditors is a negative signal as it suggests potential issues with financial reporting quality or going concern doubts.