Announced Sat, 13 Dec · 12:23 IST

as per the pdf attached

Auditor Resigned MidtermManagement Changes View source PDF

Price

Loading chart…

▲ 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

Mega Nirman and Industries Ltd's Board, at its meeting on 12 December 2025, approved the appointment of M/s Krishan Rakesh & Co., Chartered Accountants (FRN: 009088N) as the new Statutory Auditor for Financial Year 2025–26. This appointment fills a casual vacancy arising from the resignation of the previous auditor, M/s ANSK & Associates, Chartered Accountants, effective 12 December 2025. The new auditor is a Delhi-based CA firm established in 1989 with a valid ICAI Peer Review Certificate (valid until 30 April 2027). The appointment is subject to shareholder approval at the next general meeting. This filing is a revised version of an earlier intimation, correcting only the date of the Board Meeting from an inadvertent error.

Likely market impact

Mid-term change of statutory auditors may raise governance concerns among investors, as reasons for the previous auditor's exit have not been disclosed. Shareholders will need to ratify the appointment at the upcoming general meeting before it becomes final. Watch for any further disclosure explaining why the prior auditor resigned.