Announced Thu, 21 May · 16:21 IST

THE BOARD OF DIRECTORS HAVE CONSIDERED AND APPROVED THE APPOINTMENT OF M/S. K R & ASSOCIATES, CHARTERED ACCOUNTANTS, VADODARA, AS THE INTERNAL AUDITORS OF THE COMPANY FOR THE F.Y. 2026-27.

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Price reaction · full curve 14 horizons · vs prior close
-2.6%1-day move
₹57.45
prior close
₹64.99
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-7.1-10.4-10.4-8.7-2.6-2.5-4.3-3.4-4.3-10.3-10.3-12.5-11.6
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AI summary

Polymechplast Machines Ltd's Board of Directors, in a meeting held on 21st May 2026, approved the appointment of M/s. K R & Associates, Chartered Accountants, Vadodara as the company's Internal Auditors for Financial Year 2026-27. The firm has over 15 years of experience and provides services including risk-based internal auditing, forensic accounting, process control design, and financial due diligence. K R & Associates is a Peer Reviewed Firm under ICAI guidelines. The appointment was disclosed under SEBI Regulation 30 of the LODR Regulations, 2015.

Likely market impact

This is a routine governance disclosure indicating the company has appointed qualified internal auditors for the new financial year. No direct impact on stock price expected, as this is standard corporate practice to ensure proper internal controls and audit functions.