BSEYash Chemex LtdLowNeutral
Announced Fri, 10 Jul · 12:36 IST

Postal Ballot Notice: Appointment of New Statutory Auditors

Board & Shareholder Meetings View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+1.2%1-day move
₹52.15
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2-0.1+1.1+1.0+1.0-8.3
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AI summary

Yash Chemex Ltd has issued a Postal Ballot Notice dated 06 July 2026 seeking shareholder approval to appoint M/s TRS and Associates, Chartered Accountants (FRN: 141126W) as Statutory Auditors, filling the casual vacancy caused by the resignation of M/s S. L. Patel and Co. (FRN: 119211W) w.e.f. 19 May 2026 due to old age, medical reasons, and expired peer review certificate. TRS and Associates will hold office until the 20th AGM. Proposed audit fee is around INR 4 Lakhs per annum plus GST. Voting runs from 12 July to 10 August 2026 via remote e-voting.

Likely market impact

Routine auditor change due to predecessor's resignation. No material change in audit fees. Likely minimal impact on share price.