MANBANSEManba Finance LimitedMediumNeutral
Announced Mon, 14 Jul · 13:33 IST

Manba Finance Limited has informed the Exchange regarding Appointment of Ms KRSHNA & Associates, Chartered Accountants as Statutory Auditors of the company w.e.f. July 14, 2025.

Management Changes View source PDF

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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

Manba Finance has appointed M/s. KRSHNA & Associates, Chartered Accountants (Firm Registration No. 0122950W) as its new Statutory Auditor for a 3-year term starting July 14, 2025, subject to shareholder approval at the upcoming AGM. The appointment was made on the recommendation of the Audit Committee and replaces the previous auditor M/s. Venus Shah and Associates LLP, who stepped down after completing the maximum continuous tenure of three financial years permitted under RBI guidelines. KRSHNA & Associates is a Thane-based peer-reviewed firm (established 2002) offering statutory audit, bank audit, tax and advisory services. The Board approved this change at its meeting held on July 14, 2025.

Likely market impact

This is a routine auditor rotation driven by RBI-mandated tenure limits, not a governance red flag. Shareholders should approve the appointment at the AGM, but the change is unlikely to materially affect the stock or operations.