Announced Thu, 31 Jul · 13:43 IST

Re-appointment of Statutory Auditor

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board of Ishwarshakti Holdings & Traders Ltd has re-appointed M/s. B. L. Dasharda & Associates as Statutory Auditor for a second 5-year term, covering FY2025-26 through the AGM in FY2030, subject to shareholder approval. The same firm issued an unmodified (clean) limited review report on the Q1 FY26 standalone financial results. For the quarter ended June 30, 2025, the company reported total income of about ₹9.0 lakh and a small profit of around ₹0.25 lakh, a slight improvement from a loss in the same quarter last year. The company is registered as an NBFC with its revenue primarily from trading in shares, dividends, and interest income. The 42nd AGM has been scheduled for September 4, 2025, with August 29, 2025 as the e-voting cut-off date.

Likely market impact

This is a routine re-appointment with no governance red flags — the existing auditor continues, the review report is clean, and results show a marginal swing to profit. No immediate impact on share price is expected, though shareholders will need to approve the auditor's re-appointment at the upcoming AGM.