Announced Wed, 1 Jul · 15:24 IST

Board appoints Internal Auditor and Cost Auditor for FY26-27

Management Changes View source PDF

MSUMI · price

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Price reaction · full curve 14 horizons · vs prior close
+2.9%1-day move
₹40.13
prior close
₹41.02
base price
In-mkt
timing
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+2.9+2.8+2.4+3.0+1.7+0.0-0.1
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AI summary

Board approved on July 1, 2026 appointment of M/s P.R. Mehra & Co. as Internal Auditor and M/s M.R. Vyas & Associates as Cost Auditor for financial year 2026-27. Both are new appointments disclosed under SEBI LODR. P.R. Mehra & Co., established in 1921, is a multidisciplinary firm with 100 years of history. M.R. Vyas & Associates is a Kanpur-based cost accounting partnership firm. Board meeting ran from 1:30 PM to 2:10 PM.

Likely market impact

Routine annual auditor appointments, no governance concerns. Neutral for shareholders.