BSEGrameva LtdMediumNeutral
Announced Tue, 9 Jun · 13:42 IST

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, the Board of Directors at its meeting held on June 9, 2026 approved: (1) appointment of M/s. SDP & Associates, Chartered Accountants ....

Auditor Resigned MidtermManagement Changes View source PDF

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AI summary

Grameva Ltd's board met on June 9, 2026 and approved the appointment of M/s. SDP & Associates, Chartered Accountants (Kolkata), as the new statutory auditor to fill the casual vacancy caused by the resignation of M/s. Amit Ray & Co., effective May 25, 2026. The new firm will serve until the 59th AGM on August 5, 2026, and has also been recommended for a full 5-year term until the 64th AGM in 2031, subject to shareholder approval. The board also approved convening the 59th AGM on August 5, 2026 via video conferencing, with the register of members closed from July 30 to August 5, 2026. E-voting will run from August 2 to August 4, 2026, with July 29, 2026 as the cut-off date, and Ms. Sneha Agarwal has been appointed as Scrutinizer.

Likely market impact

The mid-term change of statutory auditor is a routine governance event but worth noting for shareholders, as it signals a transition in audit oversight. The replacement firm (SDP & Associates) is a larger, peer-reviewed practice with broad institutional experience, which should reassure investors. No material impact on stock price is expected from the AGM-related procedural approvals.