Announced Thu, 13 Aug · 15:12 IST
Auditor Doogar and Associates resigns from TARC Projects subsidiary
TARC · price
▲ 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
-2.2%1-day move
₹128.05
prior close
₹126.75
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.1+0.0—-2.2-3.3-5.7-6.8-3.9—————
Up moveDown movePending
AI summary
Doogar and Associates has resigned as statutory auditor of TARC Projects Limited, a material subsidiary of TARC Limited, effective from financial year 2026-27. Reason: their tenure as auditor of the parent company ends at the upcoming AGM, so they stepped down from the subsidiary to keep one group auditor. They were appointed in September 2025 with term until the AGM for FY 2029-30, so this is a midterm exit. No concerns, no management limitations, and no disagreements were flagged.
Likely market impact
Group audit alignment, not a governance red flag. No auditor concerns raised. Watch for new auditor appointment at the subsidiary.