BSEIRB InvIT FundLowNeutral
Announced Thu, 15 Jan · 15:39 IST

IRB Invit Fund has informed the Exchange regarding Disclosure of material issue

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

IRB InvIT Fund has informed the stock exchanges that its statutory auditor, M S K A & Associates (Chartered Accountants), has converted from a partnership firm into a Limited Liability Partnership (LLP). The firm is now known as M S K A & Associates LLP, Chartered Accountants, under the Limited Liability Partnership Act, 2008. The auditor will continue to serve and discharge its obligations as statutory auditor for its remaining tenure. This is purely an administrative change in the legal structure of the audit firm with no change in the audit relationship.

Likely market impact

This is a routine administrative disclosure with no impact on the Trust's operations, financials, or unit holders. The auditor remains the same entity under a new legal structure, so there is no material effect on the stock or investor returns.