RAMAPHONSERama Phosphates LimitedHighNeutral
Announced Mon, 18 May · 17:27 IST

Rama Phosphates Limited has informed the Exchange about change in Management

Management Changes View source PDF

RAMAPHO · price

Loading chart…

▲ 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
-7.5%1-day move
₹131.99
prior close
₹124.51
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.8-2.8-2.8-4.1-7.5-8.3-8.2-8.1-8.1-6.8-7.8-2.3-6.6
Up moveDown movePending
AI summary

Rama Phosphates Limited's Board meeting on May 18, 2026 approved three key items: (1) Appointment of M/s. Dayal & Lohia, Chartered Accountants as the new Statutory Auditors for a 5-year term from the 41st AGM (August 2026) till the 46th AGM (2031), replacing retiring auditors M/s Khandelwal & Mehta LLP. (2) Re-appointment of Mr. Arun Agrawal as Cost Auditor for the Pune, Indore, Udaipur and Nimbahera units for FY 2026-27. (3) Re-appointment of four Internal Auditors across the Company's manufacturing units — MKRK & Co (Pune), Pahadia & Associates (Indore), K.L. Vyas & Co (Udaipur), and Nyati Mundra & Co (Nimbahera) — all for FY 2026-27.

Likely market impact

The change in statutory auditors from Khandelwal & Mehta LLP to Dayal & Lohia is a routine rotation following completion of their term; no immediate shareholder impact is expected, though a new auditor perspective may affect future audit findings.