Announced Tue, 26 Aug · 18:08 IST

Announcement under Regulation 30 (LODR) for Appointment of M/s. Pravin Chandak & Associates (Chartered Accountants) as statutory auditor of the company

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Prismx Global Ventures Ltd's board, at its meeting on August 26, 2025, approved three key items. M/s. Pravin Chandak & Associates, a Mumbai-based chartered accountancy firm established in 1997, has been appointed as the new Statutory Auditor for a 5-year term. M/s. HRU & Associates has been re-appointed as Secretarial Auditor for another 5-year term, running until the FY 2030-31 AGM. Additionally, two shareholders — Dheeraj Shah (holding 40,80,818 shares or 0.93%) and Paresh Shah (holding 16,00,000 shares or 0.36%) — have been reclassified from promoter to public shareholding category under Regulation 31A.

Likely market impact

The appointment of a new statutory auditor and promoter reclassification are routine governance actions. The promoter reclassification involves a small stake (~1.29% combined) and should not materially affect shareholding patterns or stock price.