BSEHemang Resources LtdMediumNeutral
Announced Sat, 31 May · 16:09 IST

Intimation of re-appointment if Internal and Secretarial Auditor

Management Changes View source PDF

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AI summary

Hemang Resources Limited's Board of Directors, at a meeting held on May 29, 2025, approved two key auditor appointments. M/s RSPS & Associates, Chartered Accountants (Indore), has been re-appointed as the Internal Auditor for FY 2025-26. Additionally, M/s Ajit Jain & Co, Practicing Company Secretaries (Indore), has been appointed as the Secretarial Auditor for a five-year term covering FY 2025-26 through FY 2029-30. The secretarial auditor's appointment is subject to shareholder approval at the upcoming Annual General Meeting. Both firms have prior track records, with Ajit Jain & Co being a peer-reviewed firm operating since 1998.

Likely market impact

This is a routine governance compliance announcement with no material impact on shareholders or stock price. Continuity of internal audit and a long-term secretarial auditor appointment signals stable compliance practices at the company.