Announced Fri, 10 Apr · 17:22 IST

Announcement under Regulation 30 (LODR) - Appointment of Secreterial Auditor

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹49.05
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+6.2+11.1-3.1+1.8+2.4+20.3+13.8+13.4-4.1
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AI summary

The board of directors of Corporate Merchant Bankers Limited appointed M/s. Dhruvi Patel & Associates, Company Secretaries based in Ahmedabad, as the Secretarial Auditor for Financial Year 2025-26. This appointment was recommended by the Audit Committee and is subject to approval by shareholders through a postal ballot. The e-voting period runs from 11th April 2026 to 10th May 2026. The appointment is being made to comply with the requirements under the Companies Act 2013 and SEBI Listing Regulations. This is a routine governance and compliance action required annually.

Likely market impact

This is a standard compliance appointment with no direct impact on company operations or stock price. Shareholder approval is expected to be routine, and the secretarial audit is a mandatory requirement for listed companies.