PSPPROJECTNSEPSP Projects LimitedMediumNeutral
Announced Wed, 30 Jul · 14:57 IST

PSP Projects Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

PSPPROJECT · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

PSP Projects Limited has informed the stock exchanges about two auditor-related decisions approved by the board on July 30, 2025. First, M/s. KVM & Co., a cost accounting firm based in Ahmedabad with 34 years of experience, has been re-appointed as Cost Auditors for the financial year 2025-26. Second, M/s. Chirag Shah and Associates, a peer-reviewed practicing company secretary firm with over 25 years of experience, has been newly appointed as Secretarial Auditors for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming Annual General Meeting. Both firms are based in Ahmedabad and neither appointment involves a statutory auditor change. The disclosure is routine and made under SEBI Listing Regulations.

Likely market impact

This is a routine corporate governance filing with no material impact on shareholders or stock price. The re-appointment of the existing cost auditor signals continuity, while the new secretarial auditor brings in a firm with strong compliance expertise for a long-term engagement, subject to shareholder approval at the AGM.