Announced Thu, 28 May · 19:07 IST

1.To Consider Resignation of M/s Ajay J Shah & Co. as an internal Auditor of the Company. 2. To Appoint Mehul Doshi & Associates as an Internal Auditor of the company.

Auditor Resigned MidtermManagement Changes View source PDF

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
-6.0%1-day move
₹95.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-6.0-10.5-14.2-18.5-45.2-33.6
Up moveDown movePending
AI summary

Parshwanath Corporation Limited has announced a change in its internal auditor effective 28/05/2026. M/s Ajay J Shah & Co. has resigned as the internal auditor citing pre-occupation in other activities. The company has appointed M/s Mehul Doshi & Associates in their place, with CA Mehul Doshi as the proprietor having 14+ years of overall experience and 12 years specifically in internal audit. The new auditor's firm has served clients across diverse industries including construction, infrastructure, FMCG, healthcare, and real estate.

Likely market impact

The mid-term resignation of the internal auditor may raise minor concerns about financial oversight continuity. However, a new auditor has been appointed on the same day, suggesting a smooth transition. Investors should monitor for any related governance updates.