Announced Fri, 30 May · 15:21 IST

Appointment of Secretarial Auditor

Management Changes View source PDF

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AI summary

The Board of Directors of Baroda Rayon Corporation Ltd, at its meeting held on May 30, 2025, approved the appointment of Mr. Manish R. Patel, a Practicing Company Secretary from Surat, as the Secretarial Auditor of the Company. The appointment is for a period of 5 consecutive years, covering FY 2025-26 to FY 2029-2030, and is subject to shareholder approval at the upcoming Annual General Meeting. Mr. Patel brings over 20 years of experience in corporate laws, governance, and compliance, is an Associate Member of ICSI since 2006, and served as Chairman of the Surat Chapter of WIRC of ICSI in 2024. The appointment was made on the recommendation of the Audit Committee and is disclosed under SEBI LODR Regulations.

Likely market impact

This is a routine regulatory compliance announcement with no material impact on shareholders or stock price. It fulfills the company's mandatory secretarial audit requirements under SEBI listing regulations.