Pursuant to Regulation 30 read with Part A Para A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the SEBI ....
Awaiting price reaction for this filing.
Bheema Cements Limited's board, at its meeting held on October 31, 2025, approved the appointment of M/s. N G Rao & Associates, Chartered Accountants (Firm Registration No. 009399S) as the Statutory Auditors of the company. The appointment is for a period of one year covering Financial Year 2025-26. The firm was established in 2001, is based in Hyderabad with offices in Kakinada, Vijayawada, and Visakhapatnam, and is Peer Review Certified by ICAI. It is also empanelled with the Comptroller & Auditor General (C&AG) of India and the Reserve Bank of India (RBI) under Category 1.
This is a routine corporate governance disclosure with no direct impact on the stock price. However, appointing a peer-reviewed and RBI/C&AG-empanelled audit firm may be viewed positively by shareholders concerned about audit quality. The short one-year term is relatively unusual and may suggest it is a fill-in or interim appointment.