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Latest filing: 2026-06-09 18:06
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Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
20 announcements match the current filters (relevance ≥ 5).
MIRC Electronics Shareholders Approve Preferential Issue of Convertible Warrants with 99.99% Majority
Shareholders of MIRC Electronics (Onida) have overwhelmingly approved a special resolution for the issuance of convertible warrants on a preferential basis. During the Extra-Ordinary General Meeting (EGM) held on June 08, 2026, the proposal received 228,525,983 votes in favor, representing 99.99% of the total valid votes cast. Only 10 members, holding 2,106 votes, opposed the resolution. This strong mandate allows the company to proceed with its capital-raising plans through preferential allotment.
Key Highlights
Special Resolution for issuing convertible warrants on a preferential basis passed with 99.99% majority.
A total of 228,525,983 votes were cast in favor of the fundraising proposal.
Opposition was negligible, with only 0.01% of votes (2,106 shares) cast against the resolution.
The voting process was conducted via remote e-voting and electronic voting during the EGM on June 08, 2026.
The Scrutinizer's Report was issued by M/s. Nilesh Shah & Associates, confirming the requisite majority.
👀 What to Watch
Investors should monitor the specific terms of the warrant issuance, including the conversion price and the identity of the allottees, to assess potential equity dilution and the impact on the company's balance sheet.
Onida Electronics (MIRC) Holds EGM to Approve Preferential Issue of Convertible Warrants
Onida Electronics Limited, formerly known as MIRC Electronics, conducted an Extraordinary General Meeting (EGM) on June 08, 2026. The primary agenda was a special resolution for the issuance of convertible warrants on a preferential basis. Shareholders participated via video conferencing, with the voting cut-off set at June 01, 2026. This fundraising initiative suggests a strategic move to bolster the company's capital base for future growth or debt management.
Key Highlights
EGM held on June 08, 2026, to approve preferential issue of convertible warrants.
Voting eligibility was based on the cut-off date of June 01, 2026.
Remote e-voting period spanned from June 05 to June 07, 2026.
The company has officially transitioned its name to Onida Electronics Limited.
👀 What to Watch
Investors should monitor the official voting results and specific details regarding the warrant pricing and allotment. Evaluate how the fresh capital infusion will impact the company's balance sheet and long-term growth prospects.
MIRC Electronics Reports FY26 Net Loss of ₹74.74 Cr; Revenue Declines 11.6% YoY
MIRC Electronics reported a significant widening of its net loss to ₹74.74 crore for FY26, compared to a loss of ₹2.30 crore in FY25. Annual revenue from operations declined by 11.6% to ₹660.01 crore, down from ₹746.69 crore in the previous fiscal. The financial performance was severely impacted by exceptional items, including a massive inventory write-down of ₹29.39 crore and restructuring costs of ₹2.40 crore. Despite a ₹20.56 crore gain from selling non-core assets, the company's operational health remains under pressure with a sharp 28.3% YoY drop in Q4 revenue.
Key Highlights
Annual revenue from operations fell 11.6% YoY to ₹660.01 crore in FY26.
Net loss widened significantly to ₹74.74 crore in FY26 from a loss of ₹2.30 crore in FY25.
Exceptional items included a ₹29.39 crore inventory write-down and ₹2.40 crore in restructuring costs.
Q4 FY26 revenue dropped 28.3% YoY to ₹143.81 crore with a quarterly net loss of ₹47.36 crore.
Company realized a gain of ₹20.56 crore from the sale of non-core assets during the financial year.
👀 What to Watch
Investors should exercise extreme caution as the company is struggling with declining sales and substantial operational losses. Monitor whether the restructuring efforts and asset sales can stabilize the balance sheet in the coming quarters.
MIRC Electronics FY26 Net Loss Widens to ₹74.7 Cr; Revenue Down 11.6% YoY
MIRC Electronics reported a significant net loss of ₹74.74 crore for FY26, a sharp increase from the ₹2.30 crore loss in FY25. Annual revenue from operations declined by 11.6% to ₹660.01 crore, reflecting challenging market conditions. The bottom line was further pressured by exceptional items, including a ₹29.39 crore inventory write-down and ₹2.40 crore in restructuring costs. The Board also approved the appointment of M/s. M M Nissim & Co LLP as statutory auditors for a five-year term.
Key Highlights
FY26 Revenue from operations decreased by 11.6% YoY to ₹66,001 Lakhs.
Net loss for the full year widened significantly to ₹7,474 Lakhs from ₹230 Lakhs in FY25.
Exceptional items for FY26 included a massive ₹2,939 Lakhs inventory write-down and ₹240 Lakhs in restructuring costs.
Q4 FY26 revenue dropped to ₹14,381 Lakhs from ₹20,072 Lakhs in the year-ago quarter.
M/s. M M Nissim & Co LLP appointed as statutory auditors for a 5-year term starting from the 45th AGM.
👀 What to Watch
The significant widening of losses and declining revenue growth are major red flags. Investors should closely monitor the company's restructuring progress and inventory management before making any new commitments.
MIRC Electronics Reports FY26 Net Loss of ₹7,474 Lakhs as Revenue Declines 11.6%
MIRC Electronics (Onida) faced a challenging FY26, reporting a net loss of ₹7,474 Lakhs compared to a loss of ₹230 Lakhs in FY25. Annual revenue from operations dropped to ₹66,001 Lakhs from ₹74,669 Lakhs in the previous year. The Q4 FY26 performance was particularly poor, with revenue falling 28% YoY and a net loss of ₹4,736 Lakhs. The results were significantly impacted by exceptional items, including a large inventory write-down and restructuring costs.
Key Highlights
FY26 Revenue from operations fell 11.6% YoY to ₹66,001 Lakhs from ₹74,669 Lakhs.
Net loss for the full year widened significantly to ₹7,474 Lakhs from ₹230 Lakhs in FY25.
Q4 FY26 revenue stood at ₹14,381 Lakhs, a 28.3% decline compared to ₹20,072 Lakhs in Q4 FY25.
Exceptional items for the year included a ₹2,939 Lakhs inventory write-down and ₹240 Lakhs in restructuring costs.
The company realized a gain of ₹2,056 Lakhs from the sale of non-core assets to offset some losses.
👀 What to Watch
Investors should exercise caution as the company is experiencing shrinking revenues and mounting operational losses despite asset sales. The significant inventory write-down suggests potential issues with product demand or supply chain management that require close monitoring.
MIRC Electronics to Raise Rs 66 Crore via Preferential Issue of 1.87 Crore Warrants
MIRC Electronics (Onida) has scheduled an Extra-Ordinary General Meeting (EGM) on June 8, 2026, to seek shareholder approval for a preferential issue of 1,87,49,993 convertible warrants. The warrants are priced at Rs. 35.20 per unit, aiming to raise a total of approximately Rs. 65.99 crores from 13 public category investors. Allottees are required to pay 25% of the issue price upfront, with the remaining 75% payable upon conversion into equity shares within an 18-month window. This capital infusion is likely intended to strengthen the company's balance sheet and fund future growth initiatives.
Key Highlights
Proposed issuance of 1,87,49,993 convertible warrants at a fixed price of Rs. 35.20 per warrant.
Total fundraise amount aggregates to approximately Rs. 65.99 crores from 13 non-promoter investors.
Major participants include Nexta Enterprises LLP (Rs. 15 crore) and Resonance Opportunities Fund (Rs. 10 crore).
Warrant holders must pay 25% upfront, with the option to convert to equity within 18 months of allotment.
The relevant date for floor price determination was set as May 08, 2026.
👀 What to Watch
Investors should monitor the successful completion of this fundraise and the subsequent utilization of capital for business expansion. The conversion price of Rs. 35.20 provides a medium-term valuation benchmark, though investors should be mindful of the eventual equity dilution.
MIRC Electronics to Raise Rs 66 Crore via Preferential Issue of Convertible Warrants
MIRC Electronics (Onida) has approved a proposal to raise up to Rs 65.99 crore by issuing 1,87,49,993 fully convertible warrants to 13 public investors. The warrants are priced at Rs 35.20 each, with 25% payable upfront and the balance within 18 months. This follows a previous successful fundraise of Rs 149.52 crore in late 2025, which the company confirmed was utilized as intended for working capital. An Extraordinary General Meeting (EGM) is scheduled for June 8, 2026, to obtain shareholder approval for this preferential allotment.
Key Highlights
Fundraise of Rs 65.99 crore through 1.87 crore warrants at an issue price of Rs 35.20
Warrants to be issued to 13 public investors, including Resonance Opportunities Fund and Nexta Enterprises LLP
Conversion period of 18 months with 25% upfront payment required at the time of allotment
Public shareholding to rise to 61.44% from 59.49% upon full conversion of warrants
Monitoring agency confirmed zero deviation in the utilization of the previous Rs 149.52 crore fundraise
👀 What to Watch
The capital infusion suggests growth intent or liquidity strengthening; however, investors should note the resulting equity dilution. Monitor the stock price relative to the warrant conversion price of Rs 35.20 as a key valuation benchmark.
MIRC Electronics to Rebrand as Onida Electronics; Grants 2.95 Cr ESOPs to CEO
MIRC Electronics has received shareholder approval to change its name to 'Onida Electronics Limited' to better align with its well-known flagship brand. The company also approved the grant of 2.95 crore ESOPs to CEO Gunjan Srivastava, with a major portion tied to performance milestones. Specifically, 2.05 crore options are linked to achieving cumulative operating EBITDA targets of ₹100 crore by FY30 and ₹400 crore by FY32. This move strongly aligns leadership incentives with long-term financial growth and brand consolidation.
Key Highlights
Company name change to Onida Electronics Limited approved to enhance brand recall and eliminate market confusion.
Grant of 2,95,00,000 ESOPs to CEO Gunjan Srivastava, consisting of time-based and performance-based tranches.
Performance-based grant of 2.05 crore options is tied to a cumulative EBITDA target of ₹400 crore by FY32.
Exercise prices set at ₹11.40 for time-based options and ₹16.81 for performance-based options.
Time-based options (90 lakh) will vest at 20% annually over a five-year period starting March 2027.
👀 What to Watch
The rebranding and the aggressive EBITDA-linked incentives for the CEO indicate a clear management focus on scaling profitability. Investors should track the company's progress toward the ₹100 crore and ₹400 crore EBITDA milestones as key performance indicators.
MIRC Electronics to Rebrand as Onida Electronics; Approves Significant ESOP Grant for CEO
MIRC Electronics Limited held an Extraordinary General Meeting (EGM) on April 29, 2026, to approve two major strategic resolutions. The company is rebranding itself from MIRC Electronics Limited to Onida Electronics Limited to better align with its flagship consumer brand. Additionally, a special resolution was proposed to grant Employee Stock Options (ESOPs) to CEO Gunjan Srivastava, which may equal or exceed 1% of the company's issued capital. These moves suggest a focus on brand consolidation and long-term leadership incentive alignment.
Key Highlights
Proposed name change from MIRC Electronics Limited to Onida Electronics Limited to leverage brand equity.
Special resolution for ESOP grant to CEO Gunjan Srivastava exceeding 1% of issued capital.
Remote e-voting conducted from April 26 to April 28, 2026, ahead of the EGM.
Rebranding includes consequential alterations to the Memorandum and Articles of Association.
Final voting results to be submitted to BSE and NSE within the stipulated regulatory timeframe.
👀 What to Watch
Investors should view the rebranding to 'Onida' as a positive step for brand recall and market positioning. Monitor the final voting results to confirm the passage of the CEO's ESOP grant, which aligns leadership incentives with shareholder value.
MIRC Electronics to Monetize Mumbai and Ratnagiri Properties Totaling 22,147 Sq. Meters
MIRC Electronics has approved the monetization of two major real estate assets to unlock value and potentially improve liquidity. The board has authorized the redevelopment, sale, or transfer of 'Onida House' in Mumbai, which spans approximately 2,143 square meters. Additionally, a much larger 20,004 square meter property in Lote, Ratnagiri, has been cleared for monetization. The company has assured that these transitions will not result in any manpower cuts, with employees being relocated as needed during redevelopment phases.
Key Highlights
Approved redevelopment or sale of 2,143 sq. meter 'Onida House' property in Mumbai.
Authorized monetization of a significant 20,004 sq. meter land parcel in Lote, Ratnagiri.
Managing Director Kaval Mirchandani authorized to execute transactions subject to regulatory approvals.
Company formally committed to zero manpower cuts and interim relocation for all permanent staff.
Disclosures to be updated as per SEBI Master Circular requirements upon further developments.
👀 What to Watch
Investors should monitor future announcements regarding the valuation and final proceeds from these asset sales, as they could significantly strengthen the company's balance sheet. This move suggests a strategic shift toward unlocking value from non-core or underutilized real estate.
MIRC Electronics Approves 2.95 Cr ESOPs for CEO and Proposes Company Name Change
MIRC Electronics has approved a significant grant of 2.95 crore stock options to its CEO, Mr. Gunjan Srivastava, to align leadership incentives with long-term growth. The grant is split into 90 lakh time-based options at Rs. 11.40 and 2.05 crore performance-based options at Rs. 16.81, with the latter tied to achieving a cumulative EBITDA of Rs. 400 crore by FY32. Additionally, the board has proposed a change in the company's name, signaling a potential rebranding, and has scheduled an EGM for April 29, 2026, to seek shareholder approval.
Key Highlights
Grant of 2.95 crore ESOPs to CEO Gunjan Srivastava, with 2.05 crore options linked to performance targets.
Performance targets include a cumulative operating EBITDA of Rs. 100 crore by FY30 and Rs. 400 crore by FY32.
Time-based CEO options priced at Rs. 11.40, while performance-based options are priced at Rs. 16.81.
Vesting of 4,58,222 ESOPs for other employees at an exercise price of Rs. 14.10.
Board proposal for a change in company name and scheduling of an EGM on April 29, 2026.
👀 What to Watch
Investors should monitor the upcoming EGM for clarity on the proposed name change and rebranding strategy. The ambitious EBITDA targets linked to the CEO's incentives suggest a strong focus on operational turnaround and long-term profitability.
MIRC Electronics Q3 Revenue Rises 27% YoY to ₹212 Cr; Net Loss Widens to ₹13.1 Cr
MIRC Electronics reported a 27% year-on-year revenue growth to ₹212.04 crore for Q3 FY26. However, the company's net loss widened significantly to ₹13.10 crore from ₹5.47 crore in the previous year, impacted by higher operational expenses and a ₹2.48 crore exceptional charge for labor code adjustments. The company successfully raised ₹149.52 crore via preferential allotment during the period, with ₹45 crore still held in liquid mutual funds. An independent monitoring agency confirmed no deviation in the utilization of these funds.
Key Highlights
Revenue from operations grew 27.1% YoY to ₹212.04 crore in Q3 FY26.
Net loss widened to ₹13.10 crore compared to a loss of ₹5.47 crore in Q3 FY25.
Raised ₹149.52 crore through preferential allotment; ₹86.13 crore utilized for working capital and ₹18.39 crore for general corporate purposes.
Exceptional item of ₹2.48 crore recorded due to one-time gratuity and leave liabilities under New Labour Codes.
Promoter holding diluted from 53.36% to 40.51% following the preferential equity issuance.
👀 What to Watch
Investors should remain cautious as the company continues to report losses despite substantial capital infusion and revenue growth. Monitor if the new capital structure and remaining ₹45 crore cash reserve can drive a turnaround in profitability in the coming quarters.
MIRC Electronics Q3 Revenue Grows 27% YoY to ₹212 Cr; Net Loss Widens to ₹13.1 Cr
MIRC Electronics (Onida) reported a 27.1% YoY increase in revenue for Q3 FY26, reaching ₹21,204 Lakhs. Despite the top-line growth, the company's net loss widened to ₹1,311 Lakhs from ₹759 Lakhs in the same quarter last year, primarily due to rising operational costs and an exceptional loss of ₹249 Lakhs. The company significantly strengthened its balance sheet by raising ₹14,952 Lakhs through a preferential allotment, though this resulted in promoter shareholding diluting from 53.36% to 40.51%. Currently, ₹4,500 Lakhs of the raised funds remain unutilized and are parked in liquid mutual funds.
Key Highlights
Revenue from operations increased to ₹21,204 Lakhs in Q3 FY26 from ₹16,681 Lakhs in Q3 FY25.
Net loss for the quarter widened to ₹1,311 Lakhs compared to a loss of ₹759 Lakhs in the previous year.
Raised ₹14,952 Lakhs via preferential allotment of 8.89 crore shares at ₹16.81 per share.
Promoter holding decreased significantly to 40.51% from 53.36% post-equity dilution.
Exceptional item of ₹249 Lakhs recorded for gratuity and leave liabilities under New Labour Codes.
👀 What to Watch
Investors should remain cautious as the company continues to struggle with profitability despite strong revenue growth. Monitor if the significant capital infusion leads to a turnaround in margins or if the equity dilution remains a drag on per-share value.
MIRC Electronics Q3 Revenue Up 27% YoY to ₹212 Cr; Net Loss Widens to ₹13.1 Cr
MIRC Electronics (Onida) reported a 27.1% YoY revenue growth to ₹212.04 crore for the quarter ended December 31, 2025. However, the company's net loss widened significantly to ₹13.11 crore from a loss of ₹7.59 crore in the same period last year. During the quarter, the company completed a massive ₹149.52 crore preferential allotment, which led to a significant dilution in promoter holding from 53.36% to 40.51%. An exceptional loss of ₹2.49 crore was also booked due to liabilities arising from new labor codes.
Key Highlights
Revenue from operations increased 27.1% YoY to ₹212.04 crore in Q3 FY26.
Net loss widened to ₹13.11 crore compared to a loss of ₹7.59 crore in Q3 FY25.
Raised ₹149.52 crore through preferential allotment, with ₹45 crore currently parked in liquid mutual funds.
Promoter shareholding diluted significantly to 40.51% from 53.36% post-equity issuance.
Exceptional charge of ₹2.49 crore recognized for gratuity and leave liabilities under new labor codes.
👀 What to Watch
Investors should exercise caution as the company remains loss-making despite a significant capital infusion and healthy revenue growth. The primary focus should be on whether the management can leverage the new capital to achieve operational break-even in the near term.
MIRC Electronics Shareholders Approve ESOP Changes and Auditor Appointment with 99.99% Majority
MIRC Electronics Limited successfully passed three key resolutions during its Extraordinary General Meeting held on January 16, 2026. Shareholders overwhelmingly approved modifications to the 2023 Employee Stock Option Plan (ESOP) and a revision in the remuneration of Whole Time Director Mr. Shirish Suvagia, both with 99.99% support. Furthermore, the appointment of new Statutory Auditors to fill a casual vacancy was ratified by the members. These results demonstrate strong institutional and retail shareholder backing for the company's current leadership and governance policies.
Key Highlights
Modification of ESOP 2023 Scheme approved with 149,775,998 votes in favor (99.99%).
Remuneration revision for Whole Time Director Mr. Shirish Suvagia passed with 99.99% majority.
Statutory Auditor appointment to fill casual vacancy approved with 149,776,012 votes in favor.
All resolutions were passed as Special or Ordinary resolutions with requisite majorities via e-voting.
👀 What to Watch
The overwhelming support for management proposals suggests high internal stability; investors should monitor how the ESOP changes impact future talent retention and potential equity dilution.
MIRC Electronics Approves ESOP 2023 Modification and Appoints New Statutory Auditors
MIRC Electronics held an Extra Ordinary General Meeting (EOGM) on January 16, 2026, where shareholders approved two significant resolutions. The company received approval to modify its Employee Stock Option Plan (ESOP) 2023 Scheme, likely to better align employee incentives. Additionally, M M Nissim & Co LLP was appointed as the new Statutory Auditor to fill a casual vacancy following the resignation of ASA & Associates LLP. The new auditors will hold office until the conclusion of the next Annual General Meeting and will audit the financial results for FY 2025-26.
Key Highlights
Shareholders approved the modification of the MIRC Electronics Employee Stock Option Plan 2023 Scheme at the EOGM held on Jan 16, 2026.
M M Nissim & Co LLP appointed as Statutory Auditors to fill the vacancy caused by the resignation of ASA & Associates LLP.
The new auditor appointment is effective for the Financial Year ending March 31, 2026.
M M Nissim & Co LLP is a multi-disciplinary firm established in 1946 with a PAN-India presence and a valid Peer Review certificate.
👀 What to Watch
Investors should note the change in auditors and monitor if any specific reasons for the previous auditor's resignation were cited in prior disclosures. The ESOP modification indicates a focus on employee retention, which is a standard corporate practice.
MIRC Electronics Appoints New Statutory Auditors for FY2026; Modifies ESOP 2023 Scheme
MIRC Electronics held an Extra Ordinary General Meeting on January 16, 2026, where shareholders approved the appointment of M M Nissim & Co LLP as the new Statutory Auditors. This appointment fills a casual vacancy created by the resignation of the previous auditors, ASA & Associates LLP. The new auditors will hold office until the next Annual General Meeting and will conduct the audit for the financial year ending March 31, 2026. Additionally, the company received approval to modify its Employee Stock Option Plan (ESOP) 2023 scheme.
Key Highlights
Appointment of M M Nissim & Co LLP as Statutory Auditors approved at EOGM on January 16, 2026.
The new firm fills a casual vacancy following the resignation of ASA & Associates LLP.
M M Nissim & Co LLP, established in 1946, will conduct the audit for the financial year ending March 31, 2026.
Shareholders also ratified modifications to the MIRC Electronics Employee Stock Option Plan 2023 Scheme.
👀 What to Watch
Investors should monitor for any specific disclosures regarding the reasons for the previous auditor's resignation to ensure there are no underlying accounting concerns. The transition to an established firm like M M Nissim & Co LLP is a standard procedure to maintain regulatory compliance.
MIRC Electronics EGM on Jan 16 to Approve 4.10 Cr ESOP Shares and New Auditor
MIRC Electronics has called for an Extraordinary General Meeting (EGM) on January 16, 2026, to seek shareholder approval for significant corporate actions. The primary agenda includes modifying the ESOP 2023 scheme to grant up to 4,10,43,596 equity shares, representing a potential dilution of the existing share capital. Additionally, the company is proposing a remuneration revision for Whole Time Director Shirish Suvagia and the appointment of M/s. M M Nissim & Co LLP as Statutory Auditors to fill a casual vacancy. The auditor change follows the resignation of the previous firm, ASA & Associates LLP.
Key Highlights
EGM scheduled for January 16, 2026, to approve ESOP modifications and auditor appointment.
Proposed ESOP 2023 modification involves granting up to 4,10,43,596 equity shares of Re. 1 each.
Appointment of M/s. M M Nissim & Co LLP as Statutory Auditors following the resignation of ASA & Associates LLP.
Revision of remuneration for Whole Time Director Mr. Shirish Suvagia effective from January 1, 2026.
Cut-off date for e-voting eligibility is January 9, 2026, with voting starting January 13, 2026.
👀 What to Watch
Investors should evaluate the potential equity dilution from the 4.10 crore ESOP shares and monitor the reasons behind the statutory auditor's resignation for any governance red flags.
MIRCELECTR appoints M/s. M M Nissim & Co LLP as Statutory Auditors
MIRC Electronics Limited has appointed M/s. M M Nissim & Co LLP as the new Statutory Auditors, effective December 11, 2025, following the resignation of M/s. ASA and Associates LLP. M/s. M M Nissim & Co LLP will hold office until the conclusion of the 45th Annual General Meeting, subject to shareholder approval as per Section 139 of the Companies Act, 2013. The appointment was approved based on the recommendation of the Audit Committee. An Extraordinary General Meeting (EGM) notice will be revised to include the agenda item for shareholder approval of the new auditors.
Key Highlights
M/s. M M Nissim & Co LLP appointed as Statutory Auditors effective December 11, 2025.
M/s. M M Nissim & Co LLP to hold office until the conclusion of the 45th Annual General Meeting.
M/s. ASA and Associates LLP resigned as Statutory Auditors.
M/s. M M Nissim & Co LLP established in 1946.
👀 What to Watch
Investors should monitor the upcoming Extraordinary General Meeting (EGM) for the shareholder vote on the appointment of M/s. M M Nissim & Co LLP as the Statutory Auditors.
MIRC Electronics appoints M/s. M M Nissim & Co LLP as Statutory Auditors
MIRC Electronics Limited's board meeting on December 11, 2025, approved the appointment of M/s. M M Nissim & Co LLP as the new Statutory Auditors, effective immediately. This decision follows the resignation of M/s. ASA and Associates LLP. M/s. M M Nissim & Co LLP will serve until the conclusion of the 45th Annual General Meeting, pending shareholder approval as per Section 139 of the Companies Act, 2013. The board also revised the EGM notice to include the auditor appointment for shareholder approval.
Key Highlights
M/s. M M Nissim & Co LLP appointed as Statutory Auditors effective December 11, 2025.
Auditor appointment to fill casual vacancy due to resignation of M/s. ASA and Associates LLP.
M/s. M M Nissim & Co LLP to hold office until the conclusion of the 45th Annual General Meeting.
M M Nissim & Co LLP established in 1946.
👀 What to Watch
Investors should note the change in auditors and monitor the upcoming Extraordinary General Meeting for shareholder approval of the appointment. Review the profile of the new auditor, M/s. M M Nissim & Co LLP, to understand their expertise.
