Announced Thu, 28 May · 12:45 IST

RE-APPOINTMENT OF INTERNAL AUDITOR

Management Changes View source PDF

Price

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

Price reaction · full curve 14 horizons · vs prior close
+16.7%1-day move
₹163.50
prior close
₹190.65
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+16.7+15.2+13.8+16.2+17.4+24.5+27.1+22.9
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AI summary

Universal Starch Chem Allied Ltd has disclosed the appointment of M/s. Phatak Joshi & Co. as the company's Internal Auditor for the financial year 2026-27, effective 27th May 2026. The appointment was approved at the Board Meeting held on 27th May 2026. The company stated compliance with the provisions of the Companies Act, 2013 as the reason for this appointment. Phatak Joshi & Co. is described as a firm with rich experience in the internal audit field. The disclosure was signed by Nikhil Borana, Company Secretary and Compliance Officer.

Likely market impact

This is a routine governance update with no direct impact on shareholders or stock price. The appointment of an experienced internal audit firm is a standard compliance requirement and reflects normal operational functioning of the company.