BSEFranklin Industries LtdMediumNeutral
Announced Fri, 5 Sept · 13:21 IST

Kindly find the attached Board Meeting outcome

Board & Shareholder Meetings View source PDF

Price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Franklin Industries Ltd's Board of Directors met on 5th September, 2025 and made three key decisions. First, it recommended appointing M/s. S S R V & Associates (Mumbai) as the new Statutory Auditor for a 4-year term covering FY 2025-26 to FY 2028-29. Second, it recommended appointing M/s. Dhruvi Patel & Associates (Ahmedabad) as Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30. Both auditor appointments are subject to shareholder approval at the upcoming Annual General Meeting. Third, the Board approved the 43rd AGM Notice, Director's Report, and related documents, fixing the AGM on Saturday, 27th September, 2025 at 2:30 P.M. to be held via video conference.

Likely market impact

These are routine corporate governance actions with no direct impact on share price or operations. The change in auditors is a regulatory compliance requirement and any tangible effect on the stock is unlikely. Shareholders will get to vote on the new auditor appointments at the AGM on 27th September, 2025.