Announced Fri, 17 Apr · 16:28 IST

Appointment of Statutory Auditor of the Company

Kmp ResignedManagement Changes View source PDF

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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
-3.4%1-day move
₹39.34
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.4+0.8+5.0+8.5+4.0+2.9-10.9-16.6-18.7
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AI summary

The board of Sanathnagar Enterprises Ltd approved three items on April 17, 2026. First, M/s Walker Chandiok & Co. LLP was appointed as the new Statutory Auditor for a 5-year term starting FY 2026-27, replacing M/s MSKA & Associates LLP, which is completing its second 5-year term and will retire at the 79th AGM. Second, Mr. Martin Godard resigned as Manager and Key Managerial Personnel effective April 17, 2026, citing other professional commitments. Third, M/s Shravan A. Gupta & Associates was appointed as the Secretarial Auditor for FY 2026-27. Walker Chandiok & Co. LLP is one of India's leading audit firms, established in 1935 with 86 partners and offices across major cities.

Likely market impact

The auditor change is a routine, planned transition after MSKA's maximum tenure ends—no governance red flag. The Manager/KMP resignation is voluntary and due to personal commitments, and since no replacement has been announced yet, shareholders should watch for an update on a new Manager appointment.