INDIGOPNTSNSEIndigo Paints LimitedMediumNeutral
Announced Thu, 7 Aug · 19:11 IST

Indigo Paints Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

INDIGOPNTS · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indigo Paints has appointed M/s. Harshad S Deshpande & Associates as the Cost Auditor of the company for the financial year 2025-26, effective April 1, 2025. The appointment was approved at the board meeting held on August 7, 2025, and the remuneration is subject to shareholder ratification at the upcoming Annual General Meeting. The firm is a Pune-based cost accounting practice with 5 partners, 8 qualified professionals, and over 20 years of experience. This is a routine annual appointment required under companies Act rules, not a change in the statutory auditor.

Likely market impact

This is a routine, regulatory compliance matter and is unlikely to have any material impact on the stock price or shareholders. No red flags — cost auditor appointments are standard annual requirements.