Prajay Engineers Syndicate appoints Statutory and Secretarial Auditors for 5-year term

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Price reactionminutes from the announcement price · days from the prior close

-4.2%Reaction day

₹20.10

prior close

₹20.00

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-4.2% vs market

Residential Commercial Projects peers, median of 66sector+0.0%-4.2% vs sector

On the reaction day the stock moved 4.2 pts less than Nifty Microcap 250 and 4.2 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

-4.2+0.0-4.2+0.0-4.2

Next day

-1.1+1.3-2.4+0.0-1.1

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UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 66Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Prajay Engineers Syndicate announced the appointment of M/s R B Associates as Statutory Auditor and M/s G P Reddy & Associates as Secretarial Auditor, both for 5 years. The appointments were approved by shareholders at the 32nd AGM held on October 1, 2026. The statutory auditor term runs from conclusion of the 32nd AGM to the conclusion of the 37th AGM.

Likely market impact

Routine AGM governance update. Auditor appointments are standard compliance. No material impact on financials or operations expected.