REC Limited has informed the Exchange regarding Change in Auditors of the company.
RECLTD · price
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Awaiting price reaction for this filing.
REC Limited has informed the stock exchange about a change in its statutory auditors. The filing notifies the change but does not specify the name of the outgoing or incoming auditor, nor the reason for the change. No timeline, financial impact, or management commentary has been provided in this disclosure. The announcement is an exchange-level intimation and additional details may be expected in a follow-up filing.
A routine auditor change at a large public-sector NBFC like REC typically has no material impact on shareholders or stock price, unless the reason turns out to be a mid-term resignation or a governance-related dispute.