NARMADANSENarmada Agrobase LimitedMediumNeutral
Announced Sat, 28 Mar · 16:31 IST

Narmada Agrobase Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹31.50
prior close
₹31.45
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.5+0.0-0.1+1.9+3.5+3.2+3.8+6.5+12.2+7.9+7.9+14.3+27.0
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AI summary

Narmada Agrobase Limited announced a change in its internal auditor effective 28th March 2026. M/s Rajesh Bhati & Associates resigned from the position citing pre-occupation and other personal commitments, with no other material reasons stated. In its place, M/s. Hanish Agrawal & Associates (FRN: 158023W) has been appointed as the new internal auditor for the financial year 2025-2026. The new auditor, Mr. Hanish Rameshbhai Agrawal, is a practicing Chartered Accountant with over 8 years of experience in taxation, auditing, accounting, GST, TDS, and corporate compliance. The appointment is made to comply with the Companies Act, 2013 and SEBI Listing Regulations.

Likely market impact

This is a routine internal auditor change occurring at the close of the financial year, with no red flags or governance concerns. Shareholders are unlikely to see any material impact on the stock or business operations from this change.