Announced Fri, 12 Dec · 17:09 IST

as per the pdf attached

Auditor Resigned MidtermManagement Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mega Nirman and Industries Ltd has appointed M/s. Krishan Rakesh & Co., Chartered Accountants (FRN: 009088N) as the new Statutory Auditor of the company for FY 2025-26. The appointment is to fill a casual vacancy caused by the resignation of the previous auditor, M/s ANSK & Associates, Chartered Accountants, effective December 12, 2025. The new firm, established in 1989, holds a valid ICAI peer review certificate (valid until April 30, 2027) and offers audit, taxation, and corporate advisory services. The appointment is subject to shareholder approval at the next general meeting.

Likely market impact

A mid-term auditor switch can sometimes raise governance questions, but here the change appears routine as a replacement firm has been promptly appointed. Shareholders should note the resolution seeking their approval in the upcoming general meeting; no immediate impact on operations or stock price is expected.