OMAXEBSEOmaxe LtdMediumNeutral
Announced Fri, 15 May · 19:32 IST

Please find enclosed herewith the copy of intimation wrt appointment of cost auditors & appointment of Internal Auditor in place of existing Internal Auditor.

Auditor Resigned MidtermManagement Changes View source PDF

OMAXE · price

Loading chart…

▲ 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 Ltd's Board of Directors approved two key appointments at their May 15, 2026 meeting. 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. Separately, M/s Aditya V Agarwal & Company, a Chartered Accountancy firm with 8+ years of experience serving 150+ Indian clients, was appointed as the new Internal Auditors for FY 2026-27. The previous Internal Auditor, M/s Doogar & Associates, resigned from the position due to pre-occupation with other assignments. Both new appointments are effective May 15, 2026.

Likely market impact

The mid-term resignation of the internal auditor may raise minor governance concerns, though the replacement with a qualified firm suggests continuity of internal audit functions. This is a routine corporate governance update with limited direct impact on stock price.