Announced Wed, 17 Jun · 16:38 IST
Indo Us Biotech changes statutory auditor after resignation
INDOUS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.0%1-day move
₹90.50
prior close
₹92.45
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+1.5+0.5+0.8-0.0+2.5-0.9-1.7+1.4-3.9-4.4-1.2——
Up moveDown movePending
AI summary
Gautam N Associates resigned as statutory auditor effective 15 June 2026, citing administrative and operational restructuring. The company is switching to a local Ahmedabad-based firm for closer coordination. The board approved Bhagat and Associates as the new statutory auditor on 16 June 2026, subject to shareholder approval at the next general meeting. The outgoing auditor confirmed no material concerns.
Likely market impact
Planned change of auditor for local coordination. Outgoing auditor confirmed no material concerns. Shareholder approval needed for new appointment.