SHAHBSEShah Metacorp LtdMediumNegative
Announced Wed, 20 May · 19:01 IST

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') read with Part A Schedule ....

Auditor Resigned MidtermManagement Changes View source PDF

SHAH · 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
+0.8%1-day move
₹5.04
prior close
₹5.16
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2-0.6-0.6+0.0+0.8+4.4+3.2+5.2-0.4-4.0-5.8-9.1-13.5
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AI summary

Shah Metacorp Ltd has received resignation from its Secretarial Auditor, M/s K Jatin & Co., effective May 20, 2026. The firm was appointed for a 5-year term from FY 2025-26 till FY 2029-30 at the company's 26th AGM held on September 30, 2025. The reason stated for resignation is the auditor's inability to devote sufficient time and attention to duties with the expected diligence. The company states there is no material reason beyond this. The Audit Committee and Board will consider appointing a new Secretarial Auditor in due course.

Likely market impact

This mid-term resignation may raise governance concerns as the auditor was appointed for 5 years but resigned within the first year. Investors should monitor for replacement appointment and any further disclosures regarding the resignation letter's full contents.