BSESaven Technologies LtdMediumNeutral
Announced Fri, 22 May · 14:23 IST

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Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+6.6%1-day move
₹34.30
prior close
₹36.99
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.2-0.1-0.0+0.0+6.6+5.0-3.4-6.9-9.9-7.4+24.9+16.6+8.5
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AI summary

Saven Technologies Limited has re-appointed M/s. Nandyala & Associates, Chartered Accountants, as Internal Auditors for two financial years (FY 2026-2027 and FY 2027-2028). The re-appointment was approved by the Audit Committee and subsequently by the Board of Directors at their meeting on 22nd May 2026. The audit firm, based in Hyderabad and established in 1991, provides audit assurance, taxation, and advisory services across various sectors including IT, real estate, manufacturing, and pharmaceuticals. This is a routine re-appointment with no change in auditors.

Likely market impact

No material impact on shareholders or stock price. This is a standard procedural update confirming continuity of the existing internal audit function for the next two fiscal years.