Announced Sat, 9 May · 14:07 IST

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, the Audit Committee and Board of Directors at their meeting held on 9th May, 2026 approved the appointment of M/s. Jain and Hindocha, ....

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Price reaction · full curve 14 horizons · vs prior close
-8.9%1-day move
₹112.95
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-8.9-1.7-6.1-7.5-8.9-6.2-12.4-18.4-20.6
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AI summary

The Audit Committee and Board of Directors of Solitaire Machine Tools Ltd approved the appointment of M/s. Jain & Hindocha, Chartered Accountants, Vadodara as the Internal Auditor for Financial Year 2026-27. The appointment was made in their meeting held on 9th May, 2026. The reason stated is to comply with the Companies Act, 2013 and SEBI (LODR) Amendment Regulations, 2015. The appointed firm has over 41 years of experience in audit, finance, and tax advisory services. This is a routine governance disclosure as required under Regulation 30 of SEBI (LODR) Regulations, 2015.

Likely market impact

This is a standard compliance filing related to internal audit governance. It does not directly impact shareholders or stock price but ensures the company maintains proper internal control mechanisms as mandated by law.