BSEOnix Solar Energy LtdMediumNeutral
Announced Mon, 8 Sept · 16:53 IST

Intimation of appointment of Statutory Auditor.

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Onix Solar Energy Ltd has appointed M/s. S. D. Mehta & Co., Chartered Accountants (FRN-137193W) as its Statutory Auditor for a 5-year term covering Financial Years 2025-26 to 2029-30. The appointment was approved by the Audit Committee and the Board of Directors at their meeting held on 8th September 2025. The firm is based in Ahmedabad and reportedly has over 35 years of experience in audit, finance, and tax advisory services. The appointment is stated to be made to comply with the Companies Act, 2013 and SEBI (LODR) regulations.

Likely market impact

This is a routine regulatory compliance disclosure appointing a new statutory auditor for a full five-year term. For shareholders, it signals governance continuity but no immediate material impact on the stock is expected from this disclosure alone.