BSEShelter Pharma LtdMediumNeutral
Announced Tue, 30 Sept · 17:14 IST

Intimation Regarding Appointment of Statutory Auditor of the Company at 18th Annual General Meeting Held on 30th September, 2025

Auditor Resigned MidtermManagement Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shelter Pharma Ltd has appointed M/s Alvi & Associates Chartered Accountants (FRN: 161053W) as its new Statutory Auditor at the 18th Annual General Meeting held on September 30, 2025. The new auditor will serve for a five-year term, from the end of the 18th AGM until the conclusion of the 23rd AGM. This appointment comes after the previous auditor, M/s Mendajiwala & Co., Chartered Accountants (FRN: 0135065W), resigned from the role. The disclosure has been made under SEBI Listing Regulations. The announcement was signed by Managing Director Mustaqim Nisar Ahmed Sabugar.

Likely market impact

Auditor changes can be a routine governance event, but a mid-term resignation by the previous auditor (Mendajiwala & Co.) may warrant attention from shareholders to check if any reasons or concerns were disclosed. The new auditor has a clean ICAI registration and peer review, suggesting standard compliance continuity.