Kalyani Forge Limited has informed the Exchange about General Updates
KALYANIFRG · price
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Kalyani Forge Limited has submitted a revised outcome of its Board Meeting held on May 27, 2025, solely to correct a typographical error in the effective term of the Statutory Auditor appointment. The Board, on the recommendation of the Audit Committee, approved the re-appointment of M/s. M. P. Chitale & Co., Chartered Accountants (FRN: 101851W), as Statutory Auditors of the Company for a period of 5 consecutive years. The effective term now clearly states April 01, 2025 to March 31, 2030, subject to shareholder approval at the upcoming Annual General Meeting. M. P. Chitale & Co. is a well-established Mumbai-headquartered firm with over 200 professionals serving sectors including banking, insurance, manufacturing, and capital markets. The revision does not change the substance of the original decision.
This is a routine correction with no material impact on shareholders — it simply clarifies the auditor's tenure. Continuity of the same reputed auditor provides stability in financial reporting and audit oversight for the next 5 years.