BSEMercury Trade Links Ltd· Commercial Services & SuppliesHighNegative
Announced Tue, 11 Nov, 2025 · 13:10 IST

Resignation of Statutory Auditor - M/s J Singh & Associates (FRN: 110266W).

Auditor Resigned MidtermManagement Changes View source PDFExplain this filing

Price

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

Price reactionminutes from the announcement price · days from the prior close
-4.8%Reaction day
₹8.20
prior close
₹7.99
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-4.5% vs market
Diversified Commercial Services peers, median of 72sector+0.0%-4.8% vs sector

On the reaction day the stock moved 4.5 pts less than Nifty Microcap 250 and 4.8 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.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.1
10m
-0.1
15m
-0.3
30m
-0.6
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-4.8-0.3-4.5+0.0-4.8
Next day
-4.9+0.7-5.5+0.1-4.9
2d
-7.3+0.6-7.9-0.4-6.9
3d
-4.5+0.5-5.0-0.8-3.7
4d
-7.0+1.1-8.0-1.3-5.6
5d
-6.7+0.3-7.0-2.1-4.6
1w
-8.5-0.2-8.3-1.6-7.0
15d
-15.4-2.2-13.1-5.0-10.4
1m
-15.9-4.9-10.9-5.9-9.9
2m
-17.1-7.5-9.6-10.0-7.1
3m
-19.8-4.8-15.0-10.8-9.0
UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 72Pending

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

AI summary

Mercury Trade Links Limited has informed BSE that its statutory auditor, M/s J Singh & Associates (FRN: 110266W), has resigned effective end of business hours on November 10, 2025. The auditor was originally appointed on September 30, 2024, for a full 5-year term running until the AGM in 2029, so this is a mid-term exit roughly 14 months into the tenure. The cited reason is pre-occupation with other professional work, and the auditor confirmed there are no other material reasons or concerns. Notably, the auditor had issued an unqualified (clean) opinion on the FY25 audited financials and the Q1FY26 limited review, with no disagreements reported.

Likely market impact

Mid-term auditor exits without a stated dispute are usually neutral but still warrant attention — shareholders should watch for prompt appointment of a replacement auditor. Watch for any unusual rise in audit-related risk flags over coming quarters.