ICSANSEICSA (India) Limited· ConstructionMediumNeutral
Announced Thu, 25 Jun · 12:31 IST

ICSA shifts registered office to Hyderabad, appoints statutory and secretarial auditors

Director Flagged GovernanceManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ICSA (India) Limited's board approved shifting its registered office to Gachibowli, Hyderabad. It also appointed M/s Bhargavi Priya and Associates as Statutory Auditor and T Durga Pallavi as Secretarial Auditor for FY 2018-19 to FY 2025-26, subject to shareholder approval at the upcoming AGM. The term covers the CIRP period, suggesting the company went through insolvency resolution. Notably, the appointed secretarial auditor is related to director Mallour Rajesh Kumar, a related party disclosure.

Likely market impact

Routine compliance updates, but the related party auditor appointment and CIRP reference may raise governance questions for shareholders.