Announced Tue, 11 Aug · 17:25 IST

Sparkle Gold Rock: Statutory Auditor resigns, replacement proposed

Auditor Resigned MidtermManagement Changes View source PDFExplain this filing

Price

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Price reaction · full curve 14 horizons · vs prior close
-11.4%1-day move
₹71.06
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-11.4-19.8-13.2-14.3-10.4-9.9
Up moveDown movePending
AI summary

M/s G.R. Gupta & Company resigned as Statutory Auditor effective 11 August 2026, after completing the FY26 audit and Q1 FY27 limited review. The Audit Committee accepted the resignation and is aligned with the reasons cited. M/s Dhadda and Associates has been proposed as the new Statutory Auditor to fill the casual vacancy, subject to shareholder approval.

Likely market impact

Auditor change mid-term may raise governance questions, but a replacement has already been proposed pending shareholder nod.