MODINATURNSEModi Naturals LimitedLowNeutral
Announced Mon, 6 Jul · 18:26 IST

Board approves auditor changes; 52nd AGM set for July 31, 2026

Auditor Resigned MidtermManagement Changes View source PDF

MODINATUR · price

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Price reaction · full curve 14 horizons · vs prior close
+2.9%1-day move
₹411.00
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AI summary

Modi Naturals board on July 6, 2026 approved several auditor changes. B. Chhawchharia and Co appointed as Statutory Auditor for 5 years. VMSS and Associates named Internal Auditor for FY26-27. Manisha and Associates re-appointed as Cost Auditor. Deepak Bansal and Associates resigned as Secretarial Auditor citing personal reasons, replaced by A.K. Verma and Co for 5 years. Same firm also appointed Secretarial Auditor of subsidiary Modi Biotech. 52nd AGM scheduled for July 31, 2026 via video conferencing.

Likely market impact

Routine auditor rotations at company and subsidiary. New statutory auditor for 5-year term. Secretarial auditor exit cited personal reasons, no governance red flag.