Announced Tue, 2 Jun · 21:29 IST

Libas Consumer Products Limited has informed the Exchange regarding Appointment of M/s Sabadra & Associates, Chartered Accountants as an Internal Auditor of the company w.e.f. Jun 02, 2026.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-5.5%1-day move
₹12.83
prior close
₹12.96
base price
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+0.3+1.9+1.4+0.0-5.5-4.5-6.0-5.1-4.2-5.8-7.2-11.6
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AI summary

Libas Consumer Products Limited has appointed M/s Sabadra & Associates, Chartered Accountants as the Internal Auditor of the company. The appointment takes effect from June 2, 2026. This is a new appointment for the internal audit function, not a change in statutory auditors. The company has informed the stock exchange about this change.

Likely market impact

This is a routine governance update with no immediate impact on shareholders. Internal auditor appointments are standard compliance requirements and do not typically affect stock price or shareholder value.