Resignation of Statutory Auditors

Auditor Resigned MidtermManagement Changes View source PDF Explain this filing

Price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

+1.0%Reaction day

₹29.85

prior close

₹29.85

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+1.1% vs market

Non Banking Financial Company (NBFC) peers, median of 193sector+0.0%+1.0% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 1.0 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.1

10m

-1.1

15m

+2.0

30m

+2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0-0.1+1.1+0.0+1.0

Next day

+5.7+0.2+5.5+0.0+5.7

+0.4-0.4+0.7-0.0+0.4

-0.3-0.5+0.2-0.0-0.3

+2.2-2.2+4.4-1.0+3.2

+10.5-2.9+13.4-2.2+12.7

+21.1-1.8+22.9-1.8+22.9

15d

+13.9+0.3+13.6-0.7+14.6

+48.4+1.5+46.9-1.1+49.6

+47.7-0.5+48.2-2.0+49.8

+34.3-1.3+35.6-2.9+37.2

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 193Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

M/s. ANSK & Associates, Chartered Accountants (Firm Reg. No. 026177N) has resigned as Statutory Auditor of Titan Securities Ltd with effect from August 19, 2025. The auditor cited health issues of the partner, CA Akhil Mittal, as the reason for stepping down. The firm was originally appointed on September 30, 2022, and its term was scheduled to run until September 30, 2027, making this a midterm exit. No concerns about the company's management or financial reporting were flagged by the resigning auditor. The Audit Committee and Board will appoint a new statutory auditor to fill the casual vacancy in due course.

Likely market impact

Neutral to mildly negative in the short term — the resignation appears to be due to personal health reasons rather than governance issues, but investors should watch for timely appointment of a replacement auditor to avoid any compliance gaps.