Announced Wed, 13 Aug · 18:00 IST

Re-Appointment of M/s. Suresh R Shah & Associates, as Statutory Auditor of the company for the 2nd Term of 5 Years.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Advance Petrochemicals Ltd has announced that its Board of Directors, on the recommendation of the Audit Committee, approved the re-appointment of M/s. Suresh R Shah & Associates, Chartered Accountants (Ahmedabad), as Statutory Auditors of the company. This will be their second consecutive term of five years, covering the period from the conclusion of the 40th Annual General Meeting (AGM) to the conclusion of the 45th AGM in calendar year 2030. The re-appointment is subject to shareholder approval at the upcoming AGM. The firm is a well-established Ahmedabad-based partnership providing services in taxation, project finance, advisory, and audit & assurance, and holds a valid Peer Review Certificate.

Likely market impact

This is a routine governance disclosure signalling continuity in audit oversight and is unlikely to have any material impact on the stock price. No signs of audit-related concerns or governance issues are evident from this filing.