SHAKTIPUMPBSEShakti Pumps India Ltd-$MediumNeutral
Announced Thu, 7 May · 22:44 IST

We are submitting herewith intimation regarding appointment of Cost Auditor for Financial Year 2026-27.

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SHAKTIPUMP · 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
-7.2%1-day move
₹599.40
prior close
₹560.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.8-1.0-1.2-7.2-11.0-10.9-12.7-14.8-16.0-14.6-13.9-5.2
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AI summary

Shakti Pumps India Ltd has announced the appointment of M/s. M.P. Turakhia & Associates Cost Accountant as Cost Auditor for FY 2026-27. The Board of Directors approved this appointment in their meeting held on May 7, 2026. The appointment follows the recommendation of the Audit Committee and is in compliance with Section 148 of the Companies Act, 2013. The firm is led by partners with 28 and 19 years of professional experience in cost audit, cost management, and taxation. The appointment is subject to shareholders' approval at the ensuing Annual General Meeting.

Likely market impact

This is a routine compliance appointment and has no direct impact on the stock price. Shareholders should note that this appointment will be ratified at the next AGM.