BSEFaalcon Concepts LtdMediumNegative
Announced Mon, 1 Jun · 18:30 IST

Demise of Secretarial Auditor of the company

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
1-day move
₹38.00
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base price
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-8.8-13.4-26.9
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AI summary

Faalcon Concepts Ltd has informed BSE that its Secretarial Auditor, M/s Kundan Kumar Mishra & Associates (Peer Review No. 2908/2023), ceased to hold office with effect from 30.05.2026 due to the demise of the auditor. The firm was based in Laxmi Nagar, New Delhi. The intimation has been made under Regulation 30 of SEBI LODR Regulations. Managing Director Ekta Seth has signed the disclosure. The company will need to appoint a new Secretarial Auditor to fill the vacancy.

Likely market impact

This is a routine disclosure triggered by an unfortunate event (death of the auditor) and does not reflect any governance concern or dispute. The company will need to appoint a replacement secretarial auditor within the timelines prescribed under the Companies Act, but there is no direct material impact on shareholders or operations.