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

Omaxe Limited has informed the Exchange regarding Resignation of M/s Doogar & Associates as Internal Auditors of the company w.e.f. May 15, 2026.

Auditor Resigned MidtermManagement Changes View source PDF

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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
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AI summary

Omaxe Limited's Board meeting on May 15, 2026 approved the resignation of M/s Doogar & Associates as Internal Auditors due to their pre-occupation with other assignments, effective the same day. The company simultaneously appointed M/s Aditya V Agarwal & Company, a Chartered Accountancy firm with over 8 years of experience, as the replacement Internal Auditor for FY 2026-27. Additionally, M/s S.K. Bhatt & Associates, Cost Accountants with 27+ years of experience, were appointed as Cost Auditors for the same financial year. Both appointments took effect from May 15, 2026. The auditor change is routine and disclosed under SEBI LODR Regulations.

Likely market impact

The resignation of the internal auditor due to other commitments is a standard corporate governance event. It does not signal financial distress but warrants monitoring for any subsequent governance or audit quality concerns, especially if a pattern emerges.