DSKULKARNINSEDS Kulkarni Developers Limited· ConstructionMediumNeutral
Announced Mon, 22 Sept · 15:45 IST

DS Kulkarni Developers Limited has informed the Exchange regarding Board meeting held on September 22, 2025 for appointment of Secretarial auditor and approval of Addendum of notice of 34th Annual General Meeting of the Company.

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

DS Kulkarni Developers held a board meeting on September 22, 2025, where it approved the appointment of M/s. Saurabh Shukla and Associates as the new Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming AGM. The previous secretarial auditor, M/s Gajab Maheshwari and Associates, completed its tenure for FY 2024-25 under the new SEBI rules. Because the AGM notice had already been circulated on September 3, 2025, the company is issuing an addendum to include this appointment as a special business item. The 34th AGM is scheduled for September 30, 2025, in Pune.

Likely market impact

This is a routine compliance-driven change mandated by SEBI's December 2024 amendment capping secretarial auditor tenure at five years, so it is unlikely to move the stock price. Shareholders should note the addendum and the new auditor appointment on the AGM agenda for voting on September 30, 2025.