Appointment of Secretarial auditor of the company for fy 2024-2025
Awaiting price reaction for this filing.
The Board of Directors of Fourth Generation Information Systems Ltd met on 28 May 2025 and approved the appointment of Ms. Neha Pamnani, a Practicing Company Secretary (ICSI Membership No. 44300, CP #24045), as the Secretarial Auditor for FY 2024-25. The appointment follows the resignation of the previous Secretarial Auditor from the post. In the same meeting, the Board also approved the standalone audited financial results for Q4 and FY ended 31 March 2025, and noted that the statutory auditor Gorantla & Co issued an unmodified opinion on the annual financial results. No director-auditor relationship has been disclosed for the new appointee.
This is a routine compliance-related appointment and should not have any material impact on shareholders or the stock price. The unmodified opinion from the statutory auditor is a neutral-to-positive signal confirming no qualifications on the FY25 results.