Announced Tue, 26 May · 21:26 IST

Appointment of Secretarial Auditors and Internal Auditors of the Company.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-4.0%1-day move
₹25.50
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₹24.31
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After-mkt
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AI summary

Panabyte Technologies Ltd's Board of Directors, at its meeting on May 26, 2026, approved the appointment of two auditors for Financial Year 2026-27. M/s. D. M. Zaveri & Co., Company Secretaries (led by Mr. Dharmesh Zaveri) was appointed as Secretarial Auditor pursuant to Section 204 of the Companies Act, 2013. Separately, M/s. Sanket Sangoi & Associates, Chartered Accountants (led by Mr. Sanket K. Sangoi) was appointed as Internal Auditor pursuant to Section 138 of the Companies Act, 2013. Both appointments were made based on the recommendation of the Audit Committee. The company states no relationships exist between these auditors and any directors.

Likely market impact

These are routine statutory appointments required under the Companies Act and SEBI listing regulations. The appointments indicate the company is maintaining proper audit governance and compliance structures. There is no direct impact on shareholders or stock price from these routine auditor appointments.