This is to inform that the Board of Directors have recommended appointment of Ruchita Patel & Associates as Secretarial Auditors of the Company for a term of five years subject to shareholders ....
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Axtel Industries Ltd's Board of Directors has recommended appointing M/s. Ruchita Patel & Associates as the company's Secretarial Auditors for a five-year term, covering FY 2025-26 to FY 2029-30. The appointment is subject to shareholder approval at the upcoming Annual General Meeting. Ruchita Patel & Associates is a peer-reviewed firm based in Vadodara specializing in corporate law, SEBI regulations, and FEMA compliance. The intimation has been made under SEBI's Listing Obligations and Disclosure Requirements (LODR) regulations.
This is a routine corporate governance announcement with no material impact on shareholders or the stock price. It simply confirms the company is setting up its secretarial audit function for the next five years, pending shareholder approval.