GVPILBSEGE Power India LtdLowNeutral
Announced Mon, 11 May · 22:13 IST

As enclosed

Board & Shareholder Meetings View source PDF

GVPIL · price

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▲ 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
+10.5%1-day move
₹638.15
prior close
₹671.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+10.5+14.9+9.1+3.6-0.8+9.3+36.2+45.7+27.3
Up moveDown movePending
AI summary

GE Power India Limited's Board of Directors approved the re-appointment of M/s Deloitte Haskins & Sells as Statutory Auditors for a second consecutive term of 5 years, subject to shareholder approval at the 34th AGM. The appointment will be effective from the conclusion of the 34th AGM until the conclusion of the 39th AGM in FY 2031-32. Additionally, the company appointed M/s Ernst & Young LLP as Internal Auditor and M/s Yogesh Gupta & Associates as Cost Auditor for FY 2026-27. Deloitte is a Big 4 accounting firm with extensive professional services experience, while EY is another global professional services organization operating in over 150 countries.

Likely market impact

The re-appointment of Deloitte Haskins & Sells as statutory auditors signals continuity in audit governance. Appointment of EY as internal auditor represents a change from the previous auditor, which could bring fresh perspectives to internal controls and compliance monitoring.