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Awaiting price reaction for this filing.
Spinaroo Commercial Ltd's Board of Directors met on May 14, 2026, and approved two key items. First, the 14th Annual General Meeting will be held on June 8, 2026, at 12:30 PM via video conferencing. Second, the board accepted the resignation of Mr. Harsh Satish Udeshi as Internal Auditor, effective end of May 14, 2026, and appointed Mr. Shivam Rajgarhia, a Chartered Accountant, as the new Internal Auditor for FY 2026-27. Mr. Rajgarhia, who qualified as a CA in 2019, previously worked as a Partner at SDP & Associates and will start his independent practice from July 15, 2025.
The change in internal auditor is routine compliance. The resignation of Harsh Satish Udeshi and immediate appointment of Shivam Rajgarhia suggests a smooth transition with no disruption to the company's audit function. This is a standard governance update with neutral impact on the stock.