Appointment of M/s. Chandabhoy & Jassoobhoy (FRN: 101648W) as the Statutory Auditor of the company , Subject to Approval of Shareholders at the ensuing Annual General Meeting.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Konndor Industries, at its meeting on 16th September 2025, approved the appointment of M/s. Chandabhoy & Jassoobhoy (FRN: 101648W) as the new Statutory Auditor for a proposed 5-year term covering FY 2025-26 to FY 2029-30. The appointment replaces the outgoing auditor M/s. Vijay Moondra & Co. and is subject to shareholder approval at the upcoming Annual General Meeting. Separately, the Board also decided to seek an extension from the Registrar of Companies for holding the AGM for FY ending 31st March 2025. The new auditor firm is described as a reputed chartered accountancy practice with experience across listed and unlisted companies, and is independent of the company's directors, KMPs, and promoters.
This is a routine auditor rotation with no governance red flags — the new auditor is an established firm with no related-party connections. The simultaneous AGM extension request is mildly noteworthy and may suggest the company is taking additional time to finalise its annual results. Neutral to slightly positive for shareholder confidence on governance.