The Board has approved the appointment of Secretarial auditor, Internal auditor and cost auditor in its meeting held on 29th May 2025. Please ignore earlier disclosure filed in this regard ....
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The Board approved the appointment of RSM & Co. as Secretarial Auditor for a 5-year term (FY 2025-26 to 30th AGM), M/s Bansal ND & Associates as Internal Auditor for FY 2025-26, and re-appointed M/s Ahuja Sunny & Co. as Cost Auditor for FY 2025-26. The Board recommended a dividend of Rs. 4.00 per equity share (face value Rs. 10) for FY 2024-25, subject to shareholder and joint venture partner (Ushin Ltd., Japan) approval. Audited financial results for the quarter and year ended March 31, 2025 were approved with an unmodified auditor opinion. The 39th AGM is scheduled for September 29, 2025, with the record date set as September 19, 2025 for dividend eligibility.
Routine governance housekeeping — the Rs. 4 per share dividend (40% on face value) is a positive return signal for shareholders, though it remains subject to AGM and JV partner approval. Auditor changes are standard appointments with no governance red flags.