Torrent Power Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF Explain this filing

TORNTPOWER · 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

-0.9%Reaction day

₹1448.00

prior close

₹1469.90

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.7%-1.6% vs market

Power peers, median of 35sector · industry level+0.7%-1.6% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Midcap 150 and 1.6 pts less than its Power 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

-1.8

10m

-2.1

15m

-1.9

30m

-2.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9+0.7-1.6+0.7-1.6

Next day

-0.6+1.6-2.1+2.6-3.2

-1.6+1.7-3.3+3.9-5.5

-3.7+0.1-3.8+1.9-5.5

-3.4+0.9-4.3+2.1-5.5

-3.6+0.6-4.1+2.1-5.6

-1.8+1.7-3.5+3.6-5.4

15d

-2.5+4.1-6.5+2.8-5.3

-1.8+4.6-6.4+4.3-6.1

-3.5+6.5-9.9+7.7-11.2

-10.0+3.0-13.1-0.9-9.1

UpDownMarket · Nifty Midcap 150Sector · Power peers, median of 35Pending

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

AI summary

Torrent Power's Board, at its meeting on May 14, 2025, approved the appointment of M/s. M. C. Gupta & Co., Company Secretaries (Ahmedabad) as the new Secretarial Auditor of the company. The appointment is for a term of five consecutive years, from FY 2025-26 to FY 2029-30, and is subject to shareholder approval at the next Annual General Meeting. M. C. Gupta & Co. is a peer-reviewed firm established in 1986, ranked first for the third consecutive year in an all-India survey for the highest number of secretarial audits among Gujarat-based companies in the Top 500. The disclosure is made under SEBI Listing Regulations 24A and 30 read with Schedule III.

Likely market impact

This is a routine governance-related appointment and is unlikely to have any material impact on the stock price or shareholder value. It reflects standard compliance with secretarial audit requirements under SEBI regulations.