BSEGalaxy Bearings LtdMediumNeutral
Announced Fri, 23 May · 12:53 IST

Disclosure under Regulation 30 of SEBI (LODR) regulaions, 2015.

Management Changes View source PDF

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AI summary

Galaxy Bearings Limited has appointed M/s. Jignesh Katodiya & Co., Practicing Company Secretaries, as its new Secretarial Auditor. The appointment was approved by the Board on May 23, 2025, based on the recommendation of the Audit Committee. The firm will serve for five consecutive years, from FY 2025-26 through FY 2029-30, subject to shareholder approval at the upcoming Annual General Meeting. M/s. Jignesh Katodiya & Co. has over 11 years of experience in corporate legal, regulatory, and audit matters. The appointment disclosure has been made under SEBI LODR Regulation 30 read with the November 2024 SEBI circular.

Likely market impact

This is a routine governance compliance announcement and is unlikely to have any material impact on the stock price or shareholder value. It simply formalises the company's secretarial audit arrangements for the next five years.