BSEIndiaNivesh LtdMediumNeutral
Announced Sat, 6 Sept · 24:14 IST

Please be informed that the Board of Directors of the Company in their Board meeting held on 5th September 2025, have appointed M/s Ajay Sobha & Co. as Statutory Auditor of the Company ....

Auditor Resigned MidtermManagement 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

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Indianivesh Limited, at their meeting held on September 5, 2025, approved the appointment of M/s. Ajay Sobha & Co., Chartered Accountants (Firm Registration No. 317031E), as the new Statutory Auditor of the Company. This appointment is being made to fill the casual vacancy caused by the resignation of the previous auditor, M/s. C A S & Co., and remains subject to shareholder approval. M/s. Ajay Sobha & Co. was established in 1986 and has over three decades of experience in statutory audit, bank audits, taxation, and corporate consultancy. The board meeting ran from 7:00 PM to 10:50 PM, and the disclosure was signed by Managing Director Rajesh Nuwal.

Likely market impact

Routine governance update with no immediate material impact on the stock. Shareholders should note that the prior auditor stepped down mid-term (creating a casual vacancy rather than a routine rotation), and their approval will be sought for the new auditor's appointment at the next general meeting.