Announced Mon, 1 Jun, 2026 · 13:56 IST
Geekay Wires: Statutory auditor resigns, new firm appointed
GEEKAYWIRE · price
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Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹23.48
prior close
₹22.22
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.5+0.1-0.5-1.0+1.7+0.5+2.0-4.2-4.3+9.9+10.3-0.5+23.5
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AI summary
Board of Geekay Wires at its June 1, 2026 meeting noted the resignation of statutory auditor M M Palod and Co and appointed L B Reddy and Co to fill the casual vacancy. A postal ballot notice was also approved seeking shareholder approval for the appointment, with remote e-voting from June 5 to July 4, 2026.
Likely market impact
Mid-term change of statutory auditor may raise governance concerns, though a replacement is in place and shareholder approval is sought via postal ballot.