URBANCONSEUrban Company LimitedMediumNeutral
Announced Fri, 8 May · 16:57 IST

Urban Company Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

URBANCO · 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
-10.4%1-day move
₹137.80
prior close
₹132.40
base price
After-mkt
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AI summary

Urban Company Limited has appointed M/s. DPV & Associates LLP as its new Secretarial Auditors for a 5-year term starting from financial year 2026-27 through 2030-31. The appointment was approved by the Board of Directors based on the recommendation of the Audit Committee. This appointment is subject to approval by the shareholders at the company's 12th Annual General Meeting. The new auditor is a firm led by CS Devesh Vasisht, a Fellow Member of the Institute of Company Secretaries of India with over 18 years of experience. Note: This filing concerns Secretarial Auditors, not Statutory Auditors.

Likely market impact

This is a routine corporate governance appointment for secretarial audit purposes. The change does not appear to indicate any issues with the previous auditor or signal any financial concern. Shareholder approval is still required.