Announced Thu, 14 May · 16:38 IST

Outcome of Board meeting held on May 14, 2026.

Management Changes View source PDF

VRAJ · 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
-7.2%1-day move
₹127.65
prior close
₹130.94
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.5-3.2-3.2-3.2-7.2-5.2-5.8-4.4-3.6-4.0-5.7-4.4+15.8
Up moveDown movePending
AI summary

The Board of Vraj Iron and Steel Limited met on May 14, 2026 and approved two key appointments: M/s. Sanat Joshi & Associates as Cost Auditors and M/s. Amit Kumar Agrawal & Co. as Internal Auditors for FY 2026-27. Both firms are based in Raipur, Chhattisgarh, with established credentials. However, the Board deferred the consideration and approval of the Audited Financial Results for Q4 and FY ended March 31, 2026, as the auditor's report was not made available by the reporting date. These results will now be taken up at the next Board meeting. The meeting lasted approximately 45 minutes.

Likely market impact

The deferral of audited financial results due to non-availability of auditor's report is a concern, as it may signal delays or issues with finalisation. Shareholders should monitor for the next board meeting date and the eventual result announcement.