Appointment of Payal Paras & Co. as a Secretarial Auditor of Shri Krishna Prasadam Limited for the FY 2024 - 2025.
Awaiting price reaction for this filing.
The Board of Directors of Shri Krishna Prasadam Limited, at its meeting held on August 20, 2025, approved the appointment of Payal Paras & Co., a peer-reviewed firm of Practicing Company Secretaries based in Indore, as the Secretarial Auditor of the company for the Financial Year 2024-2025. Payal Paras & Co. was established in 2022 and is led by Payal Paras, a qualified Company Secretary and associate member of ICSI. The board meeting lasted only 30 minutes (2:30 PM to 3:00 PM IST). The disclosure is being made to BSE under Regulation 30 of the Listing Regulations, 2015.
This is a routine compliance appointment with no material impact on shareholders or stock price. However, the fact that a secretarial auditor is being appointed for FY 2024-2025 in August 2025 suggests the company may have been delayed in meeting its annual secretarial compliance requirements, which is a minor governance red flag for a small-cap BSE-listed entity.