Announced Tue, 30 Jun · 19:12 IST
Board okays new internal auditor, re-appoints cost auditor, in-principle ESOP nod
Management Changes View source PDF
QPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.5%1-day move
₹1223.00
prior close
₹1230.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-1.1-1.4-0.1-2.5-7.2-5.6-8.9-9.3-0.9-7.4———
Up moveDown movePending
AI summary
The Board of Quality Power Electrical Equipments approved three items on 30 June 2026. Bathiya Advisors LLP was appointed as new Internal Auditor for three years (FY 2026-27 to FY 2028-29), replacing the existing auditor. M/s R.S. Kale and Co was re-appointed as Cost Auditor for FY 2026-27, subject to shareholder approval. The Board also gave in-principle nod to a draft ESOP and referred it to the NRC for detailed review.
Likely market impact
Routine governance items. Internal auditor change reflects growing scale; ESOP framework could become material once finalised.