Announced Fri, 17 Jul · 18:26 IST
Internal Auditor declines appointment, company to appoint new one
Price
▲ 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
-4.0%1-day move
₹198.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-4.0-8.0-8.6-7.1-9.1—————
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AI summary
HCP Plastene Bulkpack informed BSE that M/s S.A. Gadhia & Company, appointed as Internal Auditor for FY2026-27 by the Board on 28 May 2026, has declined the assignment citing pre-existing professional commitments and unavoidable circumstances. The appointment never became effective. The company is now looking for another eligible Internal Auditor and will inform the stock exchange once appointed, per SEBI LODR rules.
Likely market impact
Minor governance hiccup; no financial impact disclosed but creates a temporary vacancy in internal audit oversight until a replacement is appointed.