VISHNUBSEVishnu Chemicals LtdMediumNeutral
Announced Sat, 30 May · 19:43 IST

Intimation regarding Appointment of StatutoryAuditor is enclosed

Management Changes View source PDF

VISHNU · 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
+7.7%1-day move
₹584.00
prior close
₹600.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.7+3.2+3.9+6.2+7.7+5.5+3.9+3.3+0.5-0.4+8.2+3.6
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AI summary

Vishnu Chemicals Ltd has appointed M/s M. Anandam & Co as their new Statutory Auditors for a 5-year term, from the conclusion of the 33rd AGM until the 38th AGM in 2031. The current auditor, M/s Jampani & Associates, will continue in their role until the conclusion of the 33rd AGM, completing their second consecutive 5-year term. The appointment was based on the recommendation of the Audit Committee and is subject to shareholders' approval. M. Anandam & Co, founded in 1943, is a chartered accountancy firm headquartered in Secunderabad with branches across India.

Likely market impact

This is a routine auditor rotation following completion of the maximum permitted term under Companies Act, 2013. No immediate impact on shareholders or stock price, though it ensures continued compliance with statutory audit requirements.