PNGSREVANSEPNGS Reva Diamond Jewellery LimitedMediumNeutral
Announced Fri, 13 Mar · 13:31 IST

PNGS Reva Diamond Jewellery Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

PNGSREVA · price

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Price reaction · full curve 14 horizons · vs prior close
-8.4%1-day move
₹395.00
prior close
₹393.55
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.1-3.4-3.0-8.4-7.1-7.3-7.0-6.9-7.3-5.1-7.8-4.0-3.9
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AI summary

PNGS Reva Diamond Jewellery Limited has appointed M/s. Khandelwal Jain & Associates, Chartered Accountants (Pune) as its Internal Auditor. The appointment was approved by the Board of Directors based on the recommendation of the Audit Committee, effective March 13, 2026. The firm will serve as Internal Auditor for FY 2025-26 and onwards. Khandelwal Jain & Associates is a long-established chartered accountancy firm offering audit, tax, advisory, and regulatory services across multiple industries. This is a routine governance disclosure under SEBI Listing Regulations, though the exchange headline misleadingly referred to a 'change in auditors'.

Likely market impact

This is a standard internal auditor appointment with no direct impact on shareholders or stock price. It reflects routine compliance and governance housekeeping, and does not signal any financial distress or leadership turmoil.