PARKHOTELSNSEApeejay Surrendra Park Hotels LimitedMediumNeutral
Announced Tue, 26 May · 23:13 IST

Apeejay Surrendra Park Hotels Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

PARKHOTELS · price

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Price reaction · full curve 14 horizons · vs prior close
-5.6%1-day move
₹122.88
prior close
₹119.00
base price
After-mkt
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AI summary

Apeejay Surrendra Park Hotels Limited has appointed two firms as joint internal auditors for FY 2026-27. The Board appointed M/s S S Kothari Mehta & Co. LLP (a large chartered accountant firm ranked 8th in India for listed company audits) and M/s A. Mukhopadhyay & Co. (a firm founded in 1950 specialising in corporate taxation and statutory audits). The appointment was made based on the recommendation of the Audit & Risk Management Committee. This is an appointment of internal auditors, not statutory auditors.

Likely market impact

Appointment of joint internal auditors reflects the company's focus on strengthening internal audit controls and governance. This is a routine corporate governance action and not expected to have immediate share price implications.