Announced Sat, 20 Jun · 17:21 IST
Statutory Auditor M/s R.K. Kankaria & Co. resigns
Price
▲ 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
+0.0%1-day move
₹0.23
prior close
₹0.22
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.5+4.5+4.5+4.5+0.0-4.3-4.3-8.7-4.3-4.3-13.0-13.0——
Up moveDown movePending
AI summary
Shree Securities informed BSE that statutory auditor M/s R.K. Kankaria and Co. (FRN 321093E) has given advance intimation of resignation, citing preoccupation with other work. The auditor was originally appointed till the AGM for FY2027-28, so this is a midterm exit. They will complete the limited review for Q1FY27 (quarter ended 30 June 2026) before stepping down. The resignation date will be the date of declaration of Q1FY27 financial results.
Likely market impact
Midterm auditor exit; board must appoint a new statutory auditor soon. May raise minor governance questions for retail investors.