Indian Railway Catering And Tourism Corporation Limited has informed the Exchange about Recommendation of the appointment of M/s Balika Sharma & Associates., Company Secretaries, Delhi, as Secretarial Auditor of the Company for conducting Secretarial Audit for a period of 5 (five) financial years i.e. from FY 2025-26 to FY 2029-30, subject to shareholders approval in the forthcoming Annual General Meeting.
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IRCTC has recommended appointing M/s Balika Sharma & Associates, Company Secretaries based in Delhi, as the company's Secretarial Auditor. The appointment is for a period of five financial years, covering FY 2025-26 to FY 2029-30. This appointment is subject to approval from shareholders at the upcoming Annual General Meeting. The role of a secretarial auditor is to ensure the company complies with applicable laws and corporate governance regulations.
This is a routine governance-related appointment and is unlikely to have any material impact on the stock price or shareholder value. It reflects standard compliance practice for a listed company.