Announced Fri, 19 Jun · 16:17 IST
Statutory Auditor M/s PAMS & Associates resigns effective 19 June 2026
Price
▲ 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
-9.7%1-day move
₹16.75
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-9.7-5.3-16.6-13.7-21.5-29.1-40.0-54.6——
Up moveDown movePending
AI summary
Statutory auditor M/s PAMS & Associates Chartered Accountants resigned effective 19 June 2026 due to geographical constraints. The firm is based in Bhubaneswar while the company is in Mumbai, and its Mumbai branch closed in 2024. The auditor's term was scheduled to expire at the 50th AGM in 2030, making this a midterm exit. The auditor confirmed no concerns, qualifications, or unresolved issues. The company will appoint a new auditor to fill the casual vacancy.
Likely market impact
Casual vacancy to be filled by appointing a new auditor. Resignation is due to geography, not governance concerns, so limited stock impact.