KAMOPAINTSNSEKamdhenu Ventures LimitedMediumNeutral
Announced Thu, 14 Aug · 16:20 IST

Kamdhenu Ventures Limited has informed the Exchange regarding Appointment of M/s DSP & Associates as Statutory Auditors of the company for a term of 5 consecutive years from the conclusion of 6th AGM until the conclusion of 11th AGM.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kamdhenu Ventures Limited's board, at its meeting on August 14, 2025, approved the standalone and consolidated unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). On a consolidated basis, revenue from operations stood at Rs 5,023.89 lakhs (down from Rs 5,445.69 lakhs in Q1 FY25), with net profit of Rs 87.29 lakhs (down from Rs 159.42 lakhs in Q1 FY25) and EPS of Rs 0.03. Standalone results showed negligible activity with a net loss of Rs 19.86 lakhs. The board also approved convening the 6th AGM and appointed M/s DSP & Associates, Chartered Accountants (FRN: 006791N) as Statutory Auditors for a first term of 5 years, from the conclusion of the 6th AGM until the 11th AGM, subject to shareholder approval. The auditor issued an unmodified limited review opinion on the results.

Likely market impact

The Q1 numbers show a year-on-year decline in both consolidated revenue and profitability, which may weigh on short-term sentiment. The statutory auditor change appears to be a routine rotation (replacing the predecessor auditor) rather than a midterm exit, so it is largely procedural and unlikely to move the stock.