M/s P H Shah and Co appointed as Statutory Auditor for 5 years

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

-6.3%Next day

₹0.48

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-1.3%-5.0% vs market

Gems, Jewellery And Watches peers, median of 42sector-0.5%-5.7% vs sector

By the next day the stock moved 5.0 pts less than Nifty Microcap 250 and 5.7 pts less than its Gems, Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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-12.5-8.9-3.6-1.3-11.2

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UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 42Pending

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

AI summary

Veerkrupa Jewellers informed that members at the 7th AGM held on 29 Sep 2026 approved the appointment of M/s P H Shah and Co., Chartered Accountants (FRN: 0115464W) as Statutory Auditor. The term is five consecutive financial years from FY 2026-27 to FY 2030-31. The firm, founded in 1996, is based in Ahmedabad and Nadiad and offers audit, tax, and advisory services.

Likely market impact

Routine governance update; locks in statutory auditor for the next five years, providing continuity in audit oversight for retail shareholders.