Appointment of Internal Auditor and Secretarial Auditor of the Company
AARTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Aartech Solonics Ltd, at its meeting on May 21, 2025, approved two auditor appointments. M/s Simran Khanuja & Co., Chartered Accountants (Bhopal), has been appointed as Internal Auditor for FY 2025-26, as recommended by the Audit Committee. M/s APVN & Associates, Practicing Company Secretaries (Bhopal), has been appointed as Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming 43rd AGM. Both firms have prior working experience with the company and no disclosed relationships with it.
This is a routine compliance-driven appointment and is unlikely to have any material impact on the stock price. The 5-year term for the secretarial auditor provides continuity in governance and compliance oversight.