Announced Wed, 28 May · 16:16 IST

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Management Changes View source PDF

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AI summary

Advance Lifestyles Ltd has issued a correction to its earlier intimation dated 27 May 2025 regarding the appointment of a Secretarial Auditor. The company clarified that due to a typographical error in the Annexure, the term was wrongly stated as 'FY 2024-25 to FY 2029-30' instead of the correct 'FY 2025-26 to FY 2029-30'. The Board had approved the appointment of M/s Pooja Gala & Associates, a peer-reviewed firm of Practising Company Secretaries, as the Secretarial Auditor for 5 consecutive years. The appointment is subject to shareholder approval at the upcoming Annual General Meeting. The clarification has been filed under Regulation 30 of SEBI LODR Regulations.

Likely market impact

This is a routine administrative correction with no impact on shareholders or the company's financials. The appointment of a new Secretarial Auditor signals continued focus on corporate governance compliance, but the correction itself is a minor housekeeping matter.