Based on the recommendation of the Audit Committee and subject to the approval of shareholders of the, Board of Directors of the Company has approved the appointment of M/s. D. C. Dharewa ....
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The Board of Directors of Sarvottam Finvest Ltd, based on the recommendation of the Audit Committee and subject to shareholder approval, has approved the appointment of M/s. D. C. Dharewa & Co. as the statutory auditor of the company. This is a routine governance action that requires shareholder nod before it becomes effective. The full name and tenure details of the appointed auditor were truncated in the headline.
This is a standard auditor appointment requiring shareholder approval, with no immediate material impact on the stock. Shareholders should review the proposal at the upcoming general meeting for tenure, remuneration, and any changes from the previous auditor.