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Awaiting price reaction for this filing.
Shetron Ltd's Board, at its meeting on May 9, 2025, approved several auditor-related appointments for FY 2025-26. S N Kollur & Co. was re-appointed as Internal Auditor for Q1 FY 2025-26, and TR Chaddha & Co. was re-appointed as Internal Auditor for FY 2025-26. Parameshwar Ganpati Bhat was appointed as the new Secretarial Auditor, replacing Vijayakrishna K T whose term ended. Vishwanath Bhat of Bhat & Co. was also re-appointed as Cost Auditor for FY 2025-26. All appointments were based on recommendations from the Audit Committee.
These are routine, regulatory compliance-driven auditor appointments and re-appointments with no material impact on shareholders or the stock price. No senior management, CEO, or CFO changes are involved despite the headline mentioning 'Change in Management.'