Manpasand Beverages tanks 20% after Deloitte resigns as auditor

The stock tanked 20% at Rs 345, also its 52-week low on the BSE, after the company announced the resignation of statutory auditor Deloitte Haskins & Sells with effect from May 26, 2018.

Manpasand Beverages is locked in lower circuit of 20% at Rs 345, also its 52-week low on the BSE, after the company announced the resignation of statutory auditor Deloitte Haskins & Sells with effect from May 26, 2018.

The company said the board has appointed Mehra Goel & Co as statutory auditor of the Company with effect from May 27, 2018 to fill the casual vacancy.

Till 09:48 am; a combined 47,401 equity shares changed hands and there were pending sell orders for 578,246 shares on the BSE and NSE.

Manpasand Beverages said that the board meeting