OMAXENSEOmaxe Limited· ConstructionLowNeutral
Announced Fri, 15 May · 19:34 IST

Omaxe Limited has informed the Exchange regarding Appointment of M/s S.K. Bhatt & Associates as Cost Auditors of the company w.e.f. May 15, 2026.

Auditor Resigned MidtermManagement Changes View source PDF

OMAXE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.3%1-day move
₹79.30
prior close
₹77.01
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.2-0.7-1.6-5.3-3.3-7.6-5.9-4.0-2.5-6.2-1.8+16.7
Up moveDown movePending
AI summary

Omaxe Limited's Board of Directors approved two key appointments on May 15, 2026. First, M/s S.K. Bhatt & Associates, a Cost Accountancy firm with over 27 years of experience, was appointed as Cost Auditors for FY 2026-27. Second, M/s Aditya V Agarwal & Company, a Chartered Accountancy firm with 8+ years of experience serving 150+ Indian and 25+ international clients, was appointed as Internal Auditors for FY 2026-27. Concurrently, the existing Internal Auditor, M/s Doogar & Associates, resigned effective May 15, 2026, citing pre-occupation with other assignments.

Likely market impact

The resignation of Doogar & Associates mid-term is notable as it indicates a change in the company's audit arrangements. Shareholders should note this is a routine audit firm change rather than a governance red flag, though mid-term auditor changes warrant monitoring.