Afcons Infrastructure Limited has informed the Exchange about appointment of M/s. Parikh Parekh & Associates, as secretarial Auditor of the Company.
AFCONS · price
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Afcons Infrastructure Limited has appointed M/s. Parikh Parekh & Associates as the Secretarial Auditor of the Company. A secretarial auditor is responsible for reviewing the company's compliance with corporate laws and regulations, and for issuing the annual secretarial audit report. This is a routine corporate governance disclosure made to the stock exchange. The appointment is typically made for a fixed term, usually up to five consecutive years, as per SEBI and Companies Act requirements.
This is a standard compliance-related appointment and is unlikely to have any material impact on the stock price or shareholder value. It reinforces the company's adherence to statutory audit requirements but signals no operational change.