Dear Sir/Madam, Pursuant to email dated 05th August, 2025 received from the stock exchange, please find the attached revised outcome of the Board Meeting. You are requested to take ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Prism Medico and Pharmacy announced the appointment of M/s. Garg Mendiratta and Associates, Chartered Accountants as the new statutory auditors of the company, effective August 4, 2025. The change was made to fill a casual vacancy caused by the resignation of the previous auditors, M/s. Harjeet Parvesh and Company. The new auditors have been appointed for a 1-year term covering financial year 2025-2026. This filing is a revised version of the earlier board meeting outcome submitted to the stock exchanges.
Auditor changes, especially mid-term resignations, are typically viewed cautiously by retail investors as they may signal underlying financial or governance concerns. However, this is a routine compliance filing to fill a vacancy, and the new auditor is a well-established peer-reviewed firm with public sector bank audit experience. No immediate material impact on share price is expected.