Intimation of Re-appointment of Secretarial Auditor, subject to approval of shareholders in ensuing Annual General Meeting.
Awaiting price reaction for this filing.
Rushabh Precision Bearings has appointed M/s Parshwa Shah & Associates, Practicing Company Secretaries based in Ahmedabad, as its Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30. The appointment was approved by the Board on 30th May 2025 and is subject to shareholder approval at the upcoming Annual General Meeting. Mr. Parshwa Shah is a Fellow Member of ICSI with nearly 9 years of experience in corporate law, IBC, NCLT proceedings, M&A, and secretarial audits for listed entities. He also serves as Chairman of the PCS Committee at ICSI's Ahmedabad Chapter. The appointment is made to comply with Section 204 of the Companies Act, 2013.
This is a routine regulatory compliance announcement with no material impact on shareholders or the stock price. It simply fulfils the company's statutory requirement to have a secretarial audit in place.