Announced Mon, 10 Aug · 20:47 IST
Statutory Auditor resigns mid-term; new auditor appointed, office shift to Gujarat
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
+0.6%1-day move
₹10.40
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.6+1.9+0.8+0.9-0.5-2.7————
Up moveDown movePending
AI summary
Statutory auditor S K Bhavsar and Co resigned on 10 Aug 2026, citing change in management and professional commitments. No fraud or compliance concerns raised. Kapil Kumar Aggarwal and Associates appointed to fill the vacancy and recommended for 5 years through FY 2030-31. Jay Pandya and Associates named Secretarial Auditor for 5 years. Board also approved shifting registered office from Kolkata to Ahmedabad.
Likely market impact
Auditor exit mid-term is notable but no fraud or compliance concerns flagged, easing worries. Watch AGM approval on 1 September.