Announced Fri, 29 May · 20:03 IST

Xelpmoc Design And Tech Limited has informed the Exchange regarding Appointment of Internal Auditors as Other of the company w.e.f. May 29, 2026.

Management Changes View source PDF

XELPMOC · price

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Price reaction · full curve 14 horizons · vs prior close
-8.5%1-day move
₹103.88
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₹101.00
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AI summary

Xelpmoc Design and Tech Limited's Board meeting on May 29, 2026 approved two key items alongside audited financial results for FY 2025-26. First, Mr. Naushad Vali was appointed as Chief Technology Officer (CTO) effective June 1, 2026. Vali is a veteran technology leader with over 20 years of experience, having worked at Just Dial, Reliance Entertainment, and iBibo, and has been serving as Consulting CTO at the company. Second, accounting firm M/s. Venu & Vinay, Chartered Accountants was re-appointed as Internal Auditor for FY 2026-27. The audited financial results showed unmodified opinions from auditors on both standalone and consolidated statements.

Likely market impact

The appointment of a new CTO signals strengthening of the technology leadership team, which may be viewed positively by investors focused on the company's tech capabilities. The re-appointment of internal auditors is routine and carries no immediate material impact.