BSEBhagawati Gas LtdMediumNeutral
Announced Thu, 7 May · 20:45 IST

Appointment of Secretarial Auditor of the company

Management Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+3.8%1-day move
₹4.43
prior close
base price
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.8+5.9+7.9+9.9+12.0+16.3+35.2+48.5+122.1
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AI summary

Bhagawati Gas Limited shareholders approved two matters via Postal Ballot on May 07, 2026. First, Mrs. Shachi Bhardwaj's designation was changed to Whole Time Director designated as Executive Director, effective April 01, 2026, for a 5-year term. She has been a Director since 2015 and is the wife of Managing Director Rakesh Samrat Bhardwaj and mother of Dyuman Samrat Bhardwaj. Second, M/s ATCS & Associates, a Jaipur-based partnership firm of Company Secretaries established in 2017, was appointed as Secretarial Auditors for a 5-year term from FY 2025-26 to FY 2029-30.

Likely market impact

The change in designation elevates an existing related party director to an executive role, which may signal increased family involvement in day-to-day operations. The appointment of a new secretarial auditor is routine and unlikely to impact the stock.