ASA and Associates re-appointed as statutory auditors for second 5-year term

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Price reactionminutes from the announcement price · days from the prior close

-1.7%Reaction day

₹36.12

prior close

₹36.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%-3.3% vs market

Diversified Commercial Services peers, median of 74sector+0.1%-1.8% vs sector

On the reaction day the stock moved 3.3 pts less than Nifty Microcap 250 and 1.8 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.1

10m

+0.6

15m

+0.4

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7+1.6-3.3+0.1-1.8

Next day

-2.8+1.5-4.2+0.0-2.8

-2.4+1.9-4.3-0.1-2.3

-2.0+3.2-5.2+0.3-2.3

-1.6+1.7-3.3+0.0-1.6

-0.7+2.0-2.7-0.7-0.1

-1.4+1.4-2.8-1.6+0.2

15d

-7.3-0.8-6.4-4.9-2.4

-8.1-2.5-5.5-5.2-2.9

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UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 74Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shareholders at the 21st AGM held on 16 September 2026 approved the re-appointment of M/s ASA and Associates LLP, Chartered Accountants, as statutory auditors for a second term of five consecutive years, from the conclusion of the 21st AGM until the conclusion of the 26th AGM in 2031. ASA and Associates is a multidisciplinary chartered accountancy firm established in 1991 with over 1,000 professionals across eight Indian cities, and is the exclusive India member of Baker Tilly International.

Likely market impact

Routine corporate governance action. No material change in auditor, continuity maintained until 2031.