BSERRP Defense LtdMediumNeutral
Announced Tue, 17 Feb · 19:56 IST

Stock Exchange and Stakeholders are requested to take on record the outcome of board meeting pertaining to the appointment of Joint Statutory Auditor.

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

RRP Defense Ltd's board, at its meeting on 17 February 2026, approved the appointment of M/s Kale Malde & Co., Chartered Accountants (FRN: 154422W) as Joint Statutory Auditor of the company, subject to shareholder approval. The existing statutory auditor, M/s TDK & Co. (FRN: 109804W), appointed in September 2025 for a five-year term until 2030, will continue and both firms will now jointly conduct the audit. The appointment is for the remaining tenure of the existing auditor, ending at the 2030 AGM. The company stated the move is intended to strengthen audit oversight and improve coverage of operations. The new auditor has confirmed eligibility under the Companies Act, 2013 and is not debarred by SEBI or any other authority.

Likely market impact

Routine governance update with no immediate impact on shareholders — this is an additional auditor appointment to bolster audit scrutiny rather than a replacement, and shareholder approval will be sought via EGM or postal ballot.