Announced Thu, 16 Jul · 16:00 IST
New Statutory Auditor appointed to fill casual vacancy
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
-9.7%1-day move
₹64.39
prior close
₹64.39
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
———-0.6-9.7-6.8-7.6-5.3-3.4—————
Up moveDown movePending
AI summary
Board on 16 July 2026 appointed M/s. B. Bansal and Company, Chartered Accountants (FRN 000450C), as Statutory Auditor of the company. The appointment fills a casual vacancy caused by the resignation of the previous Statutory Auditor, under Section 139(8) of the Companies Act, 2013. The new auditor will serve until the conclusion of the next Annual General Meeting, subject to shareholder approval.
Likely market impact
Resignation of prior auditor and quick replacement may raise minor governance questions, but routine procedural fix.