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

Omaxe Limited has informed the Exchange regarding Appointment of M/s Aditya V Agarwal & Company as Internal Auditors of the company w.e.f. May 15, 2026.

Auditor Resigned MidtermManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-5.3%1-day move
₹79.30
prior close
₹77.01
base price
After-mkt
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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 of Directors has appointed M/s Aditya V Agarwal & Company, Chartered Accountants, as the new Internal Auditors for Financial Year 2026-27, effective May 15, 2026. This appointment replaces the existing Internal Auditor, M/s Doogar & Associates, who resigned mid-term citing pre-occupation with other assignments. The company also appointed M/s S.K. Bhatt & Associates as Cost Auditors for the same financial year. The new internal auditor is a chartered accountancy firm with over 8 years of experience serving 150+ Indian clients and 25+ international clients across diverse industries.

Likely market impact

The mid-term resignation of the internal auditor may raise minor governance concerns, though the company has acted promptly by appointing a replacement. This change is administrative in nature and unlikely to have any immediate impact on the stock price.