Announced Tue, 27 May · 17:32 IST

Appointment of Secretarial Auditors of the Company

Management Changes View source PDF

INDPRUD · price

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Price reaction · full curve

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AI summary

The Board of Directors of Industrial & Prudential Investment Company Ltd has approved the appointment of Mayur Mehta, a Practicing Company Secretary, as the Secretarial Auditor of the Company. The appointment is for a term of five consecutive years, covering FY 2025-26 to FY 2029-30. The appointment is subject to approval from shareholders at the upcoming Annual General Meeting. Mayur Mehta is a member of the Institute of Company Secretaries of India (Membership No. 3132, CP No. 9952) and provides professional services in corporate law and SEBI regulations.

Likely market impact

This is a routine corporate governance compliance filing. The appointment of a secretarial auditor is required under SEBI regulations and has no direct material impact on shareholders or the stock price.