Announced Mon, 26 Oct, 2026 · 17:24 IST

Statutory auditor S K Bhavsar and Co resigns before term ends

Auditor Resigned MidtermManagement Changes View source PDFExplain this filing

Price

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

Price reactionminutes from the announcement price · days from the prior close
+1.2%Reaction day
₹0.82
prior close
₹0.85
announcement price
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Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending
Non Banking Financial Company (NBFC) peers, median of 207sector+0.3%+0.9% vs sector

On the reaction day the stock moved 0.9 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 207Pending

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

AI summary

Statutory auditor S K Bhavsar and Co resigned effective at the close of business on 26 October 2026, before completing its five-year term. The firm cited capacity constraints, other engagements and a change in directors. It reported no fraud, non-compliance, irregularity or adverse remarks.

Likely market impact

The resignation creates an immediate audit vacancy and may add reporting uncertainty until a successor is appointed.