BSETirupati Innovar LtdMediumNeutral
Announced Wed, 13 Aug · 20:31 IST

Appointment of M/s Chandabhoy & jassobhoy as statutory Auditor of the Company

Auditor Resigned MidtermManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

On August 13, 2025, the Board of Tirupati Tyres Limited approved the appointment of M/s Chandabhoy & Jassoobhoy (Firm Registration No. 101648W) as the new Statutory Auditor and M/s Vishakha Agarwal & Associates as the Secretarial Auditor. The statutory auditor has been brought in to fill the casual vacancy caused by the resignation of the previous auditor, M/s. Rawka & Associates (FRN: 021606C). Both auditors have been appointed for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming Annual General Meeting. The new statutory auditor, Chandabhoy & Jassoobhoy, is an established firm with prior experience auditing listed companies.

Likely market impact

This is a routine governance update. Shareholders should note that the previous statutory auditor resigned mid-term, but the incoming auditor is an established firm meeting all eligibility norms, which limits governance concerns.