BSEVishvprabha Ventures LtdMediumNeutral
Announced Sat, 2 Aug · 15:34 IST

On recommendation of Audit Committee, the Board hereby Appoints of M/s Nimesh Mehta & Associates as the statutory Auditor for the FY 2025-2026 which is subject to the approval of shareholders ....

Auditor Resigned MidtermManagement Changes View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vishvprabha Ventures Limited's Board, on the recommendation of its Audit Committee, has appointed M/s Nimesh Mehta & Associates (FRN: 117425W) as the new Statutory Auditor for FY 2025-2026. This appointment fills a casual vacancy caused by the resignation of the previous auditor, M/s SGC O & LLP (FRN: 112081W/W100184), on June 11, 2025. The new auditor will hold office for one year until the upcoming Annual General Meeting, subject to shareholder approval. The Board meeting took place on August 2, 2025.

Likely market impact

Shareholders will need to approve the new auditor at the upcoming AGM. The mid-term auditor change may raise minor governance questions, though the company cites compliance with the Companies Act, 2013 and audit continuity as reasons for the switch.