BSEShricon Industries LtdMediumNeutral
Announced Thu, 28 May · 18:33 IST

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ('SEBI Listing Regulations'), we wish to inform you that the Board of ....

Auditor Resigned MidtermManagement Changes View source PDF

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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
1-day move
₹247.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2+3.2-6.8-27.4-17.8
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AI summary

Shricon Industries Limited's Board of Directors accepted the resignation of M/s R S Dani & Co. as Statutory Auditor effective May 28, 2026. The outgoing auditor cited the expiration of their Peer Review Certificate and uncertainty around its renewal timeline as the sole reason for stepping down. Their original appointment was dated June 28, 2024, with a term scheduled to expire March 31, 2028. To fill the casual vacancy, the Board appointed M/s Birla and Associates, Chartered Accountants, represented by CA Dipesh Birla, who has over 6 years of post-qualification experience including roles at Fortis Group, Mumbai. The new auditor will serve until the conclusion of the next Annual General Meeting.

Likely market impact

The mid-term change of statutory auditor, while due to an administrative reason (peer review certificate lapse), may raise minor concerns about audit continuity ahead of the year-end financial results filing for Q4 and FY 2026.