New auditor appointed to fill casual vacancy after prior auditor resigns

Auditor changed mid-yearResults View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+6.3%Reaction day

₹14.08

prior close

₹15.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+6.0% vs market

Specialty Chemicals peers, median of 99sector+0.0%+6.2% vs sector

On the reaction day the stock moved 6.0 pts more than Nifty Microcap 250 and 6.2 pts more than its Specialty Chemicals 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

Stock

-7.6

10m

-5.2

15m

-1.3

30m

-3.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.3+0.3+6.0+0.0+6.2

Next day

+4.8+0.5+4.3-0.0+4.9

+7.1+0.1+7.0+0.0+7.1

+5.6+0.7+4.9+0.7+4.9

+0.5+0.4+0.1+0.7-0.2

+0.3+0.7-0.4+1.3-1.0

-8.4+0.1-8.4+0.5-8.9

15d

-23.9+1.5-25.4+1.7-25.6

-15.7+0.3-16.0+1.3-16.9

-11.1-6.2-4.9-5.2-5.9

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 99Pending

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

AI summary

Vellora Impact Limited's board appointed M/s Kapil Kumar Agarwal and Associates as the new Statutory Auditor effective 20 August 2026, subject to shareholder approval at the upcoming AGM. This fills the casual vacancy left by M/s Chandabhoy and Jassoobhoy, who resigned on 14 August 2026 citing heavy workload and preoccupation. The new firm has 30 years of experience in audit, taxation, and advisory services. Term runs until conclusion of the AGM for FY 2025-26.

Likely market impact

Minor administrative change. Outgoing auditor cited routine workload reasons, not governance concerns. May cause brief disruption during transition.