ICSA appoints Statutory and Secretarial Auditors, shifts registered office to Hyderabad

Director Flagged GovernanceManagement Changes View source PDF

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ICSA board on June 25, 2026 approved appointing Bhargavi Priya and Associates as Statutory Auditor and T Durga Pallavi as Secretarial Auditor for FY 2018-19 to FY 2025-26, which includes the CIRP period. Registered office shifted to Hyderabad, Telangana. T Durga Pallavi is related to director Mallour Rajesh Kumar, a related-party appointment that shareholders should note.

Likely market impact

Backdated auditor appointments covering the CIRP period and a related-party secretarial auditor raise governance questions. Shareholders should seek clarity at the AGM.