BSETelge Projects LtdMediumNeutral
Announced Sat, 16 May · 18:48 IST

Appointment of Statutory Auditor of material subsidiary of the company.

Auditor Resigned MidtermManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-3.2%1-day move
₹110.00
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AI summary

Telge Projects Ltd has announced the appointment of Anil Khatal & Co., Chartered Accountants, as the new Statutory Auditors for its material subsidiary, Telge Global Inc. This appointment was made on May 15, 2026, for the financial year 2025-26. The change was necessary to fill a casual vacancy created by the resignation of the previous auditor, A V H K and Associates. The new firm will provide accounting, audit, tax, and financial planning services to the subsidiary.

Likely market impact

This is a routine corporate governance disclosure. The mid-term change in auditors for a material subsidiary may raise minor concerns about the reason for the previous auditor's resignation, but appointing a replacement demonstrates proper compliance with regulatory requirements.