BSEDarshan Orna LtdMediumNeutral
Announced Thu, 4 Sept · 18:29 IST

Approved the following: 1. Appointment of Statutory Auditor 2. Appointment of Secretarial Auditor 3. Increase in Authorised Capital 4. Approved Directors Reports and Annexures 5. Approved ....

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Darshan Orna Ltd's board, at its meeting on September 4, 2025, approved the appointment of M/s. Shah Karia & Associates as Statutory Auditor and M/s. Neelam Somani & Associates as Secretarial Auditor, both for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval. The board also approved an increase in authorised share capital from Rs. 10.01 crore (5,00,50,000 equity shares of Rs. 2 each) to Rs. 20.20 crore (10,10,00,000 equity shares of Rs. 2 each), effectively doubling the capital headroom. Additionally, the 14th Annual General Meeting was scheduled for September 27, 2025 via video conferencing, and the Director's Report along with the Annual Report for FY 2024-25 was approved.

Likely market impact

The capital increase signals potential future fundraising plans, though no immediate dilution is implied. Auditor appointments are routine and subject to shareholder nod at the upcoming AGM, posing no material risk to shareholders in the short term.