Corporate Merchant Bankers appoints auditors, shifts registered office to Ahmedabad
- Corporate Merchant Bankers appoints D D S & Associates as statutory auditor for five years
- Shweta Jain & Co LLP named internal auditor for FY26-27
- Board approves shifting registered office from Delhi to Ahmedabad
- 32nd AGM scheduled for September 30, 2026, via video conferencing
*this image is generated using AI for illustrative purposes only.
Corporate Merchant Bankers has approved the appointment of new statutory, internal, and secretarial auditors for the financial years 2026-27 through 2030-31. The board also sanctioned the relocation of its registered office from New Delhi to Ahmedabad.
The appointments were made during a board meeting held on September 8, 2026. The resolutions require shareholder approval at the upcoming annual general meeting.
Auditor Appointments
The board recommended the following firms for audit roles, subject to member approval:
| Auditor Type | Firm Name | Term Duration |
|---|---|---|
| Statutory Auditor | M/s. D D S & Associates | Five years (FY27-FY31) |
| Internal Auditor | M/s. Shweta Jain & Co LLP | Financial Year 2026-27 |
| Secretarial Auditor | M/s. Jay Pandya & Associates | Five years (FY27-FY31) |
M/s. D D S & Associates will serve as statutory auditor from the conclusion of the 32nd AGM until the conclusion of the 37th AGM in 2031. M/s. Shweta Jain & Co LLP was appointed as internal auditor for FY26-27 effective immediately.
Office Relocation
The company plans to shift its register office from A-19, Okhla Phase-2, New Delhi, to A/1-303, Palladium Business Park, Ahmedabad. This move requires approvals from shareholders and relevant regulatory authorities. The address for maintaining books of accounts will also change to the new Ahmedabad location.
AGM Details
The 32nd Annual General Meeting is scheduled for September 30, 2026, at 4:00 pm. The meeting will be conducted through video conferencing or other audio-visual means.
Historical Stock Returns for Corporate Merchant Bankers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.17% | 0.0% | -3.14% | -22.15% | -67.89% | 0.0% |
How might the relocation of the registered office to Ahmedabad impact Corporate Merchant Bankers' operational costs and strategic positioning in western India?
What are the potential implications of appointing M/s. D D S & Associates as statutory auditor for a five-year term on the company's long-term financial transparency and compliance standards?
Will the shift in registered office location influence investor sentiment or share liquidity, given the change from New Delhi to Ahmedabad?
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