Announced Tue, 16 Dec · 19:24 IST

We hereby inform that the company has appointed the internal auditor, Managing Director and Secretarial Auditor of the company as per the annexed agendas

Auditor Resigned MidtermCeo Appointed ExternalManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

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AI summary

Hem Holdings & Trading Ltd's board, at a meeting on December 16, 2025, approved four key appointments. B. M. Gattani & Co. has been recommended as the new statutory auditor to fill a casual vacancy left by Harsh Jain & Associates. Ajay Suresh Yadav & Associates has been appointed as secretarial auditor for a 5-year term, and Akash Somaram Prajapati as internal auditor for FY 2025-26. Additionally, Ravi Manoharlal Kharwad (DIN: 02079606) has been appointed as Managing Director for a 5-year term. All auditor and MD appointments are subject to shareholder approval at the next general meeting.

Likely market impact

The mid-term change in statutory auditor may raise mild governance questions, but the broader reshuffle — including a new MD — signals a fresh management setup. For shareholders, the stock could see short-term volatility until clarity emerges on the reasons behind the auditor switch.