Outcome of the Board Meeting for Approval of EGM Notice
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Dindigul Farm Product's Board met on October 3, 2025, and approved the notice for an Extra-Ordinary General Meeting (EGM) scheduled for October 29, 2025. The EGM will seek shareholder approval to appoint M/s. VSSR & Co., Chartered Accountants (FRN 016495S), as the new Statutory Auditor for a 5-year term from FY 2025-26 to FY 2029-30. This appointment is to fill the casual vacancy arising from the resignation of the previous auditor, M/s. Venkatesh & Co (FRN 004636S). The new auditor is a Coimbatore-based firm established in 2016, with three qualified CAs and experience across manufacturing, FMCG, IT, and banking sectors. Remote e-voting will be open from October 26 to October 28, 2025, with results declared on October 31, 2025.
Shareholders need to watch for the EGM outcome on October 29, 2025, as the auditor change is mid-term rather than a routine rotation, which may warrant questions on the reasons behind the previous auditor's resignation. The change itself is governance-positive if the new auditor brings stronger sector expertise, but investors should seek clarity on the circumstances of the prior auditor's exit.