BSEShah Foods LtdMediumNeutral
Announced Thu, 29 May · 24:22 IST

Intimation regarding Appointment of Secretarial and Internal Auditor.

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shah Foods Ltd's board, at its meeting on May 28, 2025, approved the appointment of M/s. Maulik Bhavsar & Associates, Company Secretaries based in Ahmedabad, as the Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30. The board also re-appointed M/s. Biren Shah & Co., Chartered Accountants, Ahmedabad, as the Internal Auditor for FY 2025-26. Maulik Bhavsar Associates is a peer-reviewed firm of practicing Company Secretaries operating since 2012. Biren Shah has been practicing as a Chartered Accountant since 2011. Both appointments are being disclosed to the stock exchange under Regulation 30 of SEBI LODR.

Likely market impact

These are routine compliance-related appointments and do not suggest any governance concerns or material change. Shareholders should note the long 5-year tenure for the Secretarial Auditor, which is standard for listed companies and reflects ongoing regulatory compliance commitments.