KALPATARUNSEKalpataru LimitedLowNeutral
Announced Tue, 12 May · 20:46 IST

Kalpataru Limited has informed the Exchange regarding Change in Auditors of the company.

Auditor Resigned MidtermManagement Changes View source PDF

KALPATARU · price

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Price reaction · full curve 14 horizons · vs prior close
-10.3%1-day move
₹383.50
prior close
₹380.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+6.1+4.0+0.7+2.2-10.3-13.5-14.6-15.3-17.1-12.1-17.4-16.6-26.0
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AI summary

Kalpataru Limited's Board of Directors, based on the Audit Committee's recommendation, has approved three auditor-related changes effective May 12, 2026. First, M/s. V. B. Prabhudesai & Co, Cost Accountants, has been re-appointed as the Cost Auditors for FY 2026-27 to audit the company's cost records. Second, Mr. Yogesh Singhvi has resigned as Secretarial Auditor citing pre-occupation and other professional commitments. Third, M/s. Rathi & Associates, Company Secretaries, has been appointed to fill the casual vacancy left by Mr. Singhvi and will hold office until the conclusion of the ensuing Annual General Meeting. All changes are disclosed under SEBI Listing Regulations.

Likely market impact

The resignation of the secretarial auditor and appointment of a replacement is a routine corporate governance action with minimal direct impact on shareholders. The mid-term change may prompt investors to monitor whether the new auditor raises any compliance concerns ahead of the AGM.