Appointment of Secretarial Auditor under Regulation 24(A) and Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Awaiting price reaction for this filing.
Kundan Minerals and Metals Ltd has appointed M/s Bhambri & Associates, Practicing Company Secretaries (Certificate of Practice No. 22626), as the Secretarial Auditor of the company for the financial year 2024-25. The appointment was approved by the Board of Directors at its meeting held on May 22, 2025, which ran from 3:00 PM to 3:30 PM. The appointment is being made to comply with the provisions of the Companies Act, 2013 and Regulation 24(A) of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The firm is based in Ludhiana and has confirmed it is not related to any of the company's directors.
This is a routine regulatory compliance disclosure with no material impact on shareholders or the stock price. The appointment of a secretarial auditor is a standard annual requirement for listed companies and does not signal any governance concern.