Announced Fri, 24 Jul · 16:43 IST
U.Y. Fincorp appoints new Internal and Statutory Auditors after prior resignations
UYFINCORP · price
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Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹18.63
prior close
₹18.99
base price
After-mkt
timing
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-1.1—-0.6+1.1——————————
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AI summary
U.Y. Fincorp's board has approved M/s Seth and Associates as the new Internal Auditor for FY 2026-27, and M/s Praveen K Srivastava & Co as the new Statutory Auditor till the next AGM. Both appointments fill casual vacancies caused by the resignation of the previous auditors, M/s R.K. Lodha & Associates and M/s B. Nath & Co respectively.
Likely market impact
Auditor changes mid-term can be a governance red flag. Investors should watch for any further disclosures on why prior auditors resigned.