Please find enclosed herewith Resignation of Statutory Auditor

Auditor Resigned MidtermManagement Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-0.3%Reaction day

₹59.49

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-0.5% vs market

Diversified Commercial Services peers, median of 68sector+0.1%-0.4% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.4 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 68Pending

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

AI summary

Mangal Compusolution Ltd has informed the exchanges that its Statutory Auditor has resigned from the position. The company has enclosed the resignation letter with the filing. No further details regarding the reason for resignation or the effective date have been disclosed in the headline. The board or management will need to appoint a new statutory auditor to fill the vacancy, typically within the timelines prescribed under the Companies Act.

Likely market impact

Auditor resignations, especially mid-term, can raise governance concerns among investors and may lead to short-term uncertainty about the stock. Shareholders should watch for the company's next filing to understand the reason and timeline for appointing a replacement auditor.