BSEFrontier Capital LtdMediumNeutral
Announced Thu, 4 Sept · 16:09 IST

Appointment of A. P. Rajagopalan & Co. as a statutory auditor of the Company in place of retiring statutory auditor for a period of 5 consecutive years.

Kmp ResignedManagement Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Frontier Capital Ltd held a board meeting on 4 September 2025 covering several governance items. The board recommended the appointment of M/s. A.P. Rajagopalan & Co., Chartered Accountants (FRN: 108321W), a 47-year-old Mumbai-based firm, as the new statutory auditor for 5 consecutive years, replacing the retiring auditor M/s. A.C. Bhuteria & Co. The 41st Annual General Meeting is scheduled for 29 September 2025 via video conferencing. Mr. Kamal Prajapati was appointed as the new Company Secretary and Compliance Officer, replacing the previous one who resigned. Dr. Sumana Raychaudhury, a legal professional with 22+ years of experience, was appointed as an Additional Independent Director for 5 years. M/s. SB & Co. was also recommended as the new Secretarial Auditor for 5 years.

Likely market impact

These are largely routine governance changes ahead of the AGM. The auditor switch is due to the normal end-of-term of the previous auditor, not any performance concerns, and the incoming firm has strong credentials. Investors should watch the AGM on 29 September for shareholder ratification of these appointments.