KAMOPAINTSNSEKamdhenu Ventures LimitedMediumNeutral
Announced Thu, 15 May · 18:30 IST

Kamdhenu Ventures Limited has informed regarding appointment of Statutory Auditors in casual vacancy by the Material Wholly Owned Subsidiary Company.

Auditor Resigned MidtermManagement Changes View source PDF

KAMOPAINTS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kamdhenu Ventures Limited has informed exchanges that its material wholly owned subsidiary, Kamdhenu Colour and Coatings Limited, has appointed M/s DSP & Associates, Chartered Accountants (FRN 006791N) as its new Statutory Auditor with effect from 15th May 2025. The appointment fills a casual vacancy created by the resignation of the previous auditor, M/s. M C Bhandari & Co., Chartered Accountants. The new auditor will hold office until the conclusion of the subsidiary's next Annual General Meeting, subject to shareholder approval. DSP & Associates is a Delhi-based partnership firm established in 1987 with 12 partners and over 28 years of experience in statutory and tax audits, and is peer-reviewed by ICAI.

Likely market impact

Routine housekeeping at the subsidiary level; the previous auditor stepped down mid-term, but the new auditor is a well-established, ICAI peer-reviewed firm, so this is unlikely to materially affect Kamdhenu Ventures shareholders or the stock price. Shareholders of the subsidiary will need to ratify the appointment at the upcoming AGM.