INDOTECHNSEIndo Tech Transformers Limited· Electrical EquipmentMediumNeutral
Announced Tue, 12 Aug · 17:19 IST

Indo Tech Transformers Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

INDOTECH · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indo Tech Transformers Limited has informed the stock exchanges about the appointment of M/s J B Bhave & Co., a Practicing Company Secretary firm based in Pune, as its Secretarial Auditor. The appointment has been approved by shareholders and is for a term of five years covering FY 2025-26 to FY 2029-30. The new auditor, led by Mr. Jayavant B. Bhave (FCS 4266), brings 30+ years of experience in corporate legal and secretarial work across listed and unlisted companies. The firm is peer-reviewed and Mr. Bhave is empaneled as a Quality Reviewer by the ICSI Quality Review Board. This is a routine regulatory compliance filing under SEBI LODR Regulations.

Likely market impact

This is a routine governance compliance matter with no material impact on shareholders or the stock. Appointment of an experienced, peer-reviewed secretarial auditor for a five-year term indicates stable corporate governance practices.