Announced Tue, 7 Jul · 17:03 IST
Mercury Trade Links changes statutory auditor
Price
▲ 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
-1.2%1-day move
₹5.16
prior close
₹5.38
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.2-0.2+0.0-3.1-3.5-1.7————
Up moveDown movePending
AI summary
Mercury Trade Links' board appointed M/s Sarang Shivajirao Chavan and Associates (FRN 159649W) as new Statutory Auditor from July 7, 2026, replacing M/s Bhatt Shah Mekhia and Co (FRN 129797W) who resigned due to pre-occupation in other professional work. The outgoing auditor was appointed only in November 2025 and had issued an unmodified opinion on FY March 2026 results, making this a mid-term switch. The new Ahmedabad-based firm will serve until the next general meeting.
Likely market impact
Auditor change is partly routine, but a mid-term exit within 8 months of appointment may raise minor governance questions for investors to watch.