Announced Thu, 8 Oct, 2026 · 15:17 IST

Ray & Ray appointed as Statutory Auditors for FY 2026-27

Management Changes View source PDF Explain this filing

Price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹53.79

prior close

₹51.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.8%+1.3% vs market

Housing Finance Company peers, median of 17sector-1.0%-0.5% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 0.5 pts less than its Housing Finance Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.1

10m

+2.1

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5-2.8+1.3-1.0-0.5

Next day

-6.5-2.5-4.0-2.0-4.6

-8.4-1.7-6.7-0.7-7.7

-6.9-1.5-5.4-0.7-6.2

-5.2-0.8-4.4-0.6-4.6

-6.8-2.4-4.4-1.2-5.7

-10.6-3.4-7.2-2.4-8.2

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Housing Finance Company peers, median of 17Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Comptroller and Auditor General of India has appointed M/s Ray and Ray, Chartered Accountants, Chennai as Statutory Auditors of Ind Bank Housing Ltd for FY 2026-27. The Board noted the appointment and fixed their remuneration. Ray and Ray is a leading CA firm established in 1922 with branches across major Indian cities including Delhi, Mumbai, Bengaluru, and Chennai, serving banks, corporates, and institutions.

Likely market impact

Routine annual auditor appointment by CAG, typical for government-linked entities; no material impact on shareholders expected.