1.Appointment of Internal Auditor M/s P.B Singh and Associates(Chartered Accountants) as internal auditors of the company for the Financial Year 2025-26. 2. Request received for Promoters ....
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India Gelatine & Chemicals informed BSE about two decisions taken at its board meeting on June 12, 2025. First, M/s P.B. Singh and Associates (Chartered Accountants), a firm established since 1986, was appointed as the Internal Auditor for financial year 2025-26. Second, the board approved reclassification requests from three members of the promoter/promoter group — Viren Chandrasinh Mirani, Shefali Viren Mirani, and Olive Speciality Services LLP — moving them to the 'Public' category. Notably, all three entities hold 0 shares (0.00% holding), meaning they had no actual stake in the company. The reclassification is subject to BSE/NSE approval.
Both items are routine corporate housekeeping with no material impact on shareholders or stock price. The promoter reclassification involves entities with zero shareholding, so there's no change in actual ownership or control.