OnMobile Global Limited has informed the Exchange regarding Change in Auditors of the company.
ONMOBILE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
OnMobile Global's board, at its meeting on May 20, 2025, approved two auditor-related decisions based on the Audit Committee's recommendation. First, Ernst & Young LLP was re-appointed as Internal Auditor for FY 25-26, effective April 1, 2025 — this is a continuation, not a new appointment. Second, Parameshwar G Hegde, a Company Secretary-in-Practice with over 35 years of experience and a peer-reviewed ICSI member, was appointed as Secretarial Auditor for a five-year term, from the 25th AGM until the 30th AGM, subject to shareholder approval. Notably, Hegde has been conducting OnMobile's secretarial audit since the requirement was introduced in 2015. There is no change in the company's statutory auditor, and no auditor has resigned.
This is a routine governance announcement with no negative implications. The re-appointment of a reputed firm like EY for internal audit and the continuity of the long-standing secretarial auditor reinforce governance stability, with minimal share price impact expected.