GMRAIRPORTBSEGMR Airports LtdLowNeutral
Announced Wed, 27 May · 22:22 IST

Appointment of Cost Auditors

GMRAIRPORT · 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
-1.3%1-day move
₹98.15
prior close
₹102.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

GMR Airports Limited has appointed M/s. Narasimha Murthy & Co., Cost Accountants as the Cost Auditor for conducting the audit of Cost Records for Financial Year 2026-27. The appointment was approved by the Board of Directors at their meeting held on May 27, 2026, and is subject to ratification by shareholders at the ensuing General Meeting. The firm has over 42 years of professional experience and specializes in more than 50 industries including airports, aircraft MRO, construction, and infrastructure-related businesses. This is a mandatory compliance requirement under the Companies Act, 2013 for companies meeting certain thresholds.

Likely market impact

This is a routine compliance filing with no direct impact on the company's financials or stock price. The appointment ensures proper audit of cost records as required by law, which is standard governance practice.