SOMICONVEYNSESomi Conveyor Beltings LimitedMediumNeutral
Announced Wed, 20 May · 19:12 IST

Somi Conveyor Beltings Limited has informed the Exchange about Appointment of Internal Auditor and Cost Auditor for the FY 2026-27

Management 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
-7.8%1-day move
₹112.80
prior close
₹106.30
base price
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AI summary

Somi Conveyor Beltings Limited's Board of Directors approved the appointment of two auditors at its meeting on May 20, 2026. M/s B. P. Bang & Company was appointed as Internal Auditor and M/s Anchal Jain & Co. was appointed as Cost Auditor, both for the Financial Year 2026-27. B. P. Bang & Company has experience in statutory, concurrent, internal, stock and revenue audits of nationalised banks. CMA Anchal Jain has prior experience at Sharda Exports and Mawana Sugars, carrying out internal audit, cost audit, and GST audit assignments. These are routine annual appointments required under statutory obligations.

Likely market impact

Routine compliance filing with no direct impact on shareholders or stock price. Appointment of new auditors for the upcoming financial year is standard practice and does not indicate any governance concerns.