5Paisa Capital Limited has informed the Exchange regarding Change in Auditors of the company.
5PAISA · price
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Awaiting price reaction for this filing.
5Paisa Capital's board, at its meeting on May 1, 2025, approved three items. First, re-appointment of Mr. Ravindra Babu Garikipati as a Non-Executive Independent Director for a second term of 5 years starting September 3, 2025, subject to shareholder approval. Second, appointment of M/s. A N S A & Associates LLP, Chartered Accountants, as Internal Auditors for FY 2025-26. Third, appointment of M/s. Nilesh Shah & Associates, a firm of Practicing Company Secretaries, as Secretarial Auditors for a 5-year term from April 1, 2025 to March 31, 2030, also subject to shareholder approval at the upcoming AGM. The filings were made to both BSE and NSE under SEBI Listing Regulations.
These are routine governance and compliance updates with no negative implications. The re-appointment of an experienced independent director and engagement of established audit firms reinforce the company's governance framework, which should be neutral to slightly positive for shareholders.