Appointment of M/s SCS & Co. LLP as Secretarial Auditor for the F.Y. 2024-25
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Aviva Industries Ltd announced multiple board-level changes on September 2, 2025. The company appointed M/s. SCS & Co. LLP, an Ahmedabad-based firm of practicing company secretaries, as its new Secretarial Auditor for FY 2024-25 (for an initial 5-year term) as required under SEBI's amended Listing Regulations. In the same filing, two directors stepped down effective September 1, 2025: Mrs. Shetna Patel (Non-Executive Director) and Mr. Chetan Rajnikant Gandhi (Non-Executive Independent Director), both citing other professional commitments. Mrs. Shetna Patel additionally resigned from her role as Chief Financial Officer on the same date, citing the same reason. No replacements have been announced in this filing.
Shareholders should note the simultaneous exit of the CFO and two directors within a single day, which raises governance concerns especially since no successors have been named. The replacement of the secretarial auditor is a routine compliance step and is unlikely to have a material impact on the stock.