Appointment of M/s M. Damodaran & Associates LLP, Practicing Company Secretaries, Chennai as the Secretarial Auditors of the Company for a period of five (5) consecutive years from FY 2025-26 ....
Awaiting price reaction for this filing.
VA Tech Wabag Limited's Board, at its meeting on May 21, 2025, approved the appointment of M/s M. Damodaran & Associates LLP, a Chennai-based practicing company secretary firm, as the company's Secretarial Auditors. The appointment is for a period of five consecutive years, covering FY 2025-26 through FY 2029-30, and is subject to shareholder approval at the upcoming 30th AGM scheduled for August 12, 2025. M. Damodaran & Associates LLP is an ISO-certified firm established in 2002, serving over 800 corporates including listed companies and multinationals. The appointment was made on the recommendation of the company's Audit Committee.
This is a routine governance appointment with no material impact on shareholders or the stock price. It strengthens the company's compliance framework by engaging an established secretarial audit firm for a five-year term.