New statutory auditor Bhatter and Co appointed from 13th AGM, replacing R T Jain and Co

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

+5.0%Reaction day

₹198.00

prior close

₹206.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+5.3% vs market

Power Generation peers, median of 28sector-0.3%+5.3% vs sector

On the reaction day the stock moved 5.3 pts more than Nifty Microcap 250 and 5.3 pts more than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+5.0-0.3+5.3-0.3+5.3

Next day

-0.5-1.5+1.1-2.3+1.8

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15d

-18.8-9.5-9.3-11.0-7.8

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UpDownMarket · Nifty Microcap 250Sector · Power Generation peers, median of 28Pending

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

AI summary

At the 13th AGM on September 28 2026, members approved Bhatter and Co as the new statutory auditor of Waaree Technologies, replacing R T Jain and Co LLP whose second 5-year term concluded. Bhatter and Co, a Mumbai-based firm founded in 1975 and headquartered at Nariman Point, will serve till the 18th AGM in 2031. This is a standard 5-year auditor rotation under Companies Act rules.

Likely market impact

Routine auditor rotation after the outgoing firm completed its maximum allowed tenure. No governance red flags. Neutral for the stock.