Auditor change and AGM notice approved

Auditor Resigned MidtermManagement Changes View source PDF Explain this filing

Price

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

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

-1.3%Next day

₹78.00

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-2.6% vs market

Gems, Jewellery And Watches peers, median of 36sector+0.3%-1.6% vs sector

By the next day the stock moved 2.6 pts less than Nifty Microcap 250 and 1.6 pts less than its Gems, Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

—+0.6—+1.2—

Next day

-1.3+1.3-2.6+0.3-1.6

+1.9+1.7+0.2+0.7+1.3

+3.7+2.2+1.4+2.0+1.6

+3.8+2.1+1.7+3.8+0.0

+3.8+1.9+2.0+2.7+1.1

-2.8-1.3-1.5+0.4-3.2

15d

+2.8+1.3+1.5+1.3+1.5

—-0.8—-1.9—

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UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 36Pending

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

AI summary

Board approved the Board Report for FY ended March 31, 2026 and fixed the 10th AGM for September 30, 2026. Statutory Auditor M/s ARS and Company resigned effective September 2, 2026, citing completion of the 10-year permissible term under Section 139 of the Companies Act, 2013. M/s AKSA and Company was appointed to fill the casual vacancy, subject to shareholder approval at the AGM.

Likely market impact

Routine statutory auditor rotation after hitting the 10-year term cap. New auditor requires shareholder approval at AGM. No governance concerns flagged.