APPOINTMENT OF SECRETARIAL AUDITOR FOR 5 YEAR
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 Agribio Spirits Ltd (formerly Beekay Niryat Ltd) met on May 30, 2025 and approved four key items. First, audited financial results (standalone and consolidated) for Q4 and FY ended March 31, 2025. Second, M/s Abhishek S & Associates was reappointed as Secretarial Auditor for a 5-year term starting April 1, 2025 — the same firm whose prior tenure ended on March 31, 2025. Third, Mr. Pankaj Sharma (Non-Executive Director, DIN 09512492) resigned with effect from May 30, 2025. Fourth, the board recommended a final dividend of Rs. 0.25 per equity share (2.5%) for FY25, subject to shareholder approval at the upcoming AGM.
The dividend is modest at 2.5% and needs shareholder approval before payout. The director resignation is a routine single-board change with no impact on management, as Ratan Singh continues as Managing Director. The secretarial auditor reappointment is a standard regulatory compliance step and is not a red flag.