BSERama Petrochemicals LtdMediumNeutral
Announced Tue, 27 May · 16:44 IST

Change in Management/Director/Auditor

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rama Petrochemicals announced several board and audit-related decisions from its May 27, 2025 meeting. Mr. Pankaj Kumar Banerjee was re-appointed as Non-Executive Independent Director for a second 5-year term starting August 14, 2025, subject to shareholder approval. M/s Khandelwal & Mehta LLP was re-appointed as Statutory Auditor for another 5-year term, running until the 44th AGM in 2030. M/s H. G. Sarvaiya & Co was re-appointed as Internal Auditor for FY 2025-26, and M/s Ashok Patel & Associates was newly appointed as Secretarial Auditor for five years through FY 2029-30.

Likely market impact

These are routine re-appointments and a new secretarial auditor appointment, indicating continuity in governance and audit oversight. No disruption to the board or audit function is signalled, and the changes are subject to shareholder approval at the upcoming AGM.