MINDACORPNSEMinda Corporation Limited· Auto AncillariesMediumNeutral
Announced Tue, 27 May · 18:25 IST

Minda Corporation Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

MINDACORP · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Minda Corporation's Board, at its meeting on May 27, 2025, approved the appointment of BMP & Co. LLP as the new Secretarial Auditor for five years from FY 2025-26 to FY 2029-30, pending shareholder approval at the upcoming AGM. The Board also re-appointed Grant Thornton Bharat LLP as Internal Auditor for FY 2025-26 (covering Die Casting, Security System, Aftermarket divisions, SMIT, SMAD Bawal, and Group Corporate Office). Protiviti India Member Private Limited was re-appointed as Internal Auditor for FY 2025-26 (covering Wiring Harness and Interior Plastic divisions). Additionally, Chandra Wadhwa & Co. was re-appointed as Cost Accountants for FY 2025-26. All appointments were made on the recommendation of the Audit Committee.

Likely market impact

This is a routine governance filing involving appointment of a new secretarial auditor and re-appointment of existing internal and cost auditors. No auditor has resigned mid-term, and there is no material impact expected on the stock price or shareholders.