The Intimation of appointment of statutory auditor has been attached herewith.
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Mishtann Foods Ltd has informed the stock exchanges about the appointment of a statutory auditor for the company. The detailed intimation has been attached to the filing for shareholder reference. The name of the newly appointed auditor and the term/tenure are not specified in the headline and would need to be reviewed in the attached document. This is a standard compliance disclosure required under Companies Act provisions related to auditor appointment.
Auditor appointments are routine corporate actions, but investors may want to review the name and reputation of the newly appointed auditor. No immediate impact on stock price is expected from this disclosure alone.