NAVANSENAVA LIMITEDMediumNeutral
Announced Fri, 16 May · 13:56 IST

NAVA LIMITED has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

NAVA · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NAVA Limited's Board, at its meeting on May 16, 2025, approved the appointment of M/s. P S Rao & Associates as the Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval. The Board also appointed M/s. Sagar & Associates as the Cost Auditor for FY 2025-26. P S Rao & Associates is a Hyderabad-based practicing company secretary firm established in 1994 with 30 years of experience in corporate law, SEBI, and FEMA matters. Sagar & Associates is a cost and management accounting firm led by Mr. E. Vidya Sagar, who has 36 years of experience including prior stints at companies like Dr. Reddy's Laboratories. Both appointments are new and routine in nature.

Likely market impact

This is a routine auditor appointment disclosure and is not expected to have any material impact on the stock price or shareholders. The appointments are standard compliance requirements under the Companies Act, and the chosen firms have strong credentials and experience.