Announced Sat, 12 Sept · 15:14 IST
New Statutory Auditor Dave and Dave appointed for 5 year term
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
-1.5%1-day move
₹37.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.5+0.3+0.0+1.3——————
Up moveDown movePending
AI summary
Shareholders at the 41st AGM on 11 Sep 2026 approved M/s Dave and Dave Chartered Accountants as new Statutory Auditor for a first term of 5 years from FY2026-27 to FY2030-31, until the 2031 AGM. The previous auditor M/s Dileep and Prithvi completed two consecutive five year terms and is not eligible for re-appointment under Section 139(2) of Companies Act 2013. Outgoing auditor raised no concerns. New Mumbai based firm has 2 partners and experience with listed companies.
Likely market impact
Routine mandatory auditor rotation after two terms. No governance red flags. Neutral for shareholders.