BALMLAWRIENSEBalmer Lawrie & Company Limited· Travel And TransportMediumNeutral
Announced Thu, 25 Sept · 18:37 IST

Appointment of M/s. MR & Associates, a firm of Practicing Company Secretaries as the Secretarial Auditor of the Company from Financial Year 2025-26 to Financial Year 2029-30

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Balmer Lawrie has appointed M/s. MR & Associates, a Kolkata-based firm of Practicing Company Secretaries, as its Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30. The appointment was approved by shareholders at the company's 108th Annual General Meeting held on 23rd September 2025. M/s. MR & Associates, established in 1996, is a peer-reviewed firm with around 7 practicing company secretaries as partners and serves various corporate groups on company law and SEBI compliance matters. The annual remuneration starts at Rs. 40,000 for the first two years and gradually rises to Rs. 78,125 by FY 2029-30, plus applicable taxes.

Likely market impact

This is a routine governance appointment and is unlikely to have any material impact on the stock price. It reflects standard compliance with listing regulations and does not signal any change in the company's leadership or financial health.