M/s Chhogmal and Co appointed as Statutory Auditor for 5 years

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Price reactionminutes from the announcement price · days from the prior close

+4.4%Reaction day

₹15.80

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+4.7% vs market

Specialty Chemicals peers, median of 97sector+0.0%+4.4% vs sector

On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 4.4 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+4.4-0.3+4.7+0.0+4.4

Next day

+2.5-1.5+4.1-1.1+3.6

+2.2-1.5+3.8-1.3+3.6

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15d

-17.7-9.5-8.3-9.2-8.5

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 97Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shareholders at the 52nd AGM on September 28, 2026 approved appointing M/s Chhogmal and Co, Chartered Accountants (FRN: 101826W) as Statutory Auditor for 5 years, from the 52nd AGM to the 57th AGM. The firm is Mumbai-based, established in 1965, led by Managing Partner Mr. Chintan N. Shah, and serves clients including Supreme Industries, Axis Bank, and Citibank.

Likely market impact

Routine governance update. New auditor has a long track record; no material impact expected on the stock.