Appointment of Secretarial Auditor of the Company D.A. Kamat & Co
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Gretex Corporate Services Limited's Board meeting on May 07, 2026 approved the appointment of M/s. D.A. Kamat & Co as the new Secretarial Auditor for a term of 5 consecutive years (FY 2026-27 to FY 2030-31). This appointment follows the resignation of the previous Secretarial Auditor, RKN & Co, effective from the same date. D.A. Kamat & Co is a practicing Company Secretary firm with 24 years of experience. The appointment is subject to shareholder approval at the ensuing 18th Annual General Meeting. The Board also re-appointed Jay Gupta & Associates as Joint Statutory Auditor for another 5-year term, approved FY 2025-26 audited financial results showing standalone net profit of Rs. 1,299.59 lakh (up from Rs. 1,249.46 lakh YoY), recommended a final dividend of 7% (Rs. 0.70 per share), and approved a preferential issue of 19.51 lakh fully convertible warrants to non-promoter investors.
The secretarial auditor change appears routine as the previous auditor resigned. D.A. Kamat & Co's appointment with 24 years of experience and peer review certification should ensure continued compliance with statutory requirements. The broader board meeting outcomes including strong financial results and dividend recommendation signal a stable governance environment.