Announced Tue, 28 Apr · 18:52 IST

This is to inform you that the meeting of board of director held today i.e. 28th April, 2026 inter alia transacted the attached business

Auditor Resigned MidtermManagement Changes View source PDF

Price

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▲ 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
-10.9%1-day move
₹64.50
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base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-10.9-10.7-5.7-1.6-2.7+0.8-7.0-0.2-6.8
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AI summary

The Board of Directors of Riddhi Corporate Services Ltd met on April 28, 2026, and approved several key items. The most significant was the appointment of M/s. Aparajita V Shah & Co as the new Statutory Auditor, filling a casual vacancy caused by the resignation of the previous auditor. Mr. Kirti Bhavsar was appointed as Internal Auditor for FY 2025-26. The Board also decided to convene an Extraordinary General Meeting on May 23, 2026, to seek shareholder approval for certain matters. The Register of Members will remain closed from May 17-23, 2025, with the cut-off date for e-voting set as May 16, 2026.

Likely market impact

The mid-term resignation of the previous statutory auditor and appointment of a new one may raise minor concerns about audit continuity, though such changes are not uncommon. The upcoming EGM suggests the company has material proposals requiring shareholder approval.