BSEGrameva LtdMediumNeutral
Announced Mon, 25 May · 15:43 IST

Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 read with Schedule III therto, we wish to inform you that M/s. Amit Ray & Co., Chartered Accountants (FRN: 000483C), have ....

Auditor Resigned MidtermManagement Changes View source PDF

Price

Loading chart…

▲ 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
+10.2%1-day move
₹68.16
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+10.2+15.7+21.5+27.6+33.9+20.9+15.4+47.1+37.9
Up moveDown movePending
AI summary

Grameva Ltd has received resignation from its Statutory Auditor, M/s. Amit Ray & Co., effective 25th May, 2026. The auditor was originally appointed for a 5-year term (FY 2023-24 to FY 2027-28) at the 56th AGM in September 2023. The firm cited increased regulatory expectations, compliance requirements, and resource constraints as reasons for stepping down. The auditor confirmed there are no concerns or disagreements with the company's management regarding financial statements or audit processes. The company plans to appoint a new auditor to fill the casual vacancy after obtaining necessary approvals.

Likely market impact

While the auditor has clarified no disagreements exist, a mid-term resignation of a statutory auditor raises questions about audit continuity and may create uncertainty. Investors should monitor for timely appointment of a replacement auditor to ensure uninterrupted audit coverage.