Announced Thu, 18 Jun · 16:08 IST

Statutory Auditors resign from Mangalam Industrial Finance

Auditor Resigned MidtermManagement Changes View source PDF

Price

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

Price reaction · full curve 14 horizons · vs prior close
-4.5%1-day move
₹0.66
prior close
₹0.67
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0-1.5+0.0-4.5-6.1-6.1-6.1-7.6-6.1-13.6-7.6
Up moveDown movePending
AI summary

Mangalam Industrial Finance Ltd has informed the stock exchange about the resignation of its Statutory Auditors. The company has attached the resignation letter as part of the disclosure. No further details on the reason for resignation or any replacement appointment have been provided in this filing.

Likely market impact

Auditor resignations can raise governance concerns. Watch for reasons behind the exit and appointment of a new auditor.