Elgi Equipments Limited has informed the Exchange regarding Outcome of Board Meeting held on Jun 24, 2025. The Board of Directors of the Company, at its meeting held today, i.e., June 24, 2025, has, inter alia, considered and recommended the appointment of M/s. MDS &Associates LLP, Company Secretaries (Firm Registration Code: L2023TN013500) as the Secretarial Auditor of the Company to the shareholder of the Company at the ensuing 65th Annual General Meeting ( AGM ) of the Company.
ELGIEQUIP · price
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Elgi Equipments Limited's Board, at its meeting on June 24, 2025, approved the appointment of M/s. MDS & Associates LLP, a Coimbatore-based firm of Practicing Company Secretaries, as the company's Secretarial Auditor. The appointment is for a first term of five consecutive financial years, from FY 2025-26 to FY 2029-30, and is subject to shareholder approval at the upcoming 65th Annual General Meeting. The firm has 3 partners and over 35 years of combined experience in corporate and allied law areas, including secretarial audits and governance audits. This is a routine regulatory compliance requirement under SEBI's amended Listing Regulations. The Board meeting concluded within 20 minutes (2:15 PM to 2:35 PM).
This is a routine, regulatory-driven appointment with no material impact on shareholders or stock price. It only affects compliance reporting and does not change the company's business outlook or financial position.