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Awaiting price reaction for this filing.
The Board of Everest Organics met over two days (May 27-28, 2025) and approved three auditor-related decisions. It appointed M/s. RPR & Associates, Practicing Company Secretaries based in Hyderabad, as the new Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming 32nd AGM. The Board also re-appointed M/s. Harikrishna & Associates as Internal Auditors for FY 2025-26 and M/s. P.K.R. & Associates LLP as Cost Auditors for FY 2025-26, the latter also needing shareholder approval for remuneration. No financial results, business updates, or operational matters were discussed in this filing.
This is a routine corporate governance announcement with no direct impact on shareholders' wealth or stock price. Investors should note that the shareholder approvals sought at the AGM are standard procedural items.