Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange about appointment of Secretarial Auditor
GNFC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
GNFC's board, on August 6, 2025, approved the appointment of Deloitte Touche Tohmatsu India LLP, Ahmedabad as Internal Auditors for a 3-year period from October 1, 2025 to September 30, 2028, on a rotation basis. The board also appointed M/s. J.J. Gandhi & Co., Practicing Company Secretaries, Vadodara as Secretarial Auditors for five consecutive years from FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming AGM. Both appointments were made on the recommendation of the Audit Committee. J.J. Gandhi & Co. has over 25 years of experience serving listed, government, and public sector companies.
This is a routine governance and compliance-related appointment with no material impact on shareholders. Bringing in a Big-4 firm (Deloitte) as internal auditor may strengthen audit quality, but the announcement is largely procedural and unlikely to move the stock price.