Appointment of M/s. Rajesh Laxmi & Associates as Statutory Auditor of the Company
Awaiting price reaction for this filing.
Rushabh Precision Bearings has appointed M/s. Rajesh Laxmi & Associates as its Statutory Auditor for a one-year term covering FY 2025-26, from the conclusion of the 36th AGM on September 30, 2025 until the 37th AGM in 2026-27. The company also appointed M/s. Parshwa Shah and Associates as Secretarial Auditor for a longer five-year term running from April 1, 2025 to March 31, 2030. Both appointments were recommended by the Audit Committee and Board, and approved by shareholders at the 36th AGM. This is a routine auditor appointment under SEBI Listing Regulations, with no indication of any resignation or governance disruption.
This is a standard governance update with no material impact on shareholders. The statutory auditor appointment is for a short one-year tenure, which is worth noting, but the company remains compliant with audit and secretarial audit requirements.