KSLNSEKalyani Steels Limited· Steel And Steel ProductsLowNeutral
Announced Mon, 5 May · 16:16 IST

Announcement U/R 30 of SEBI (LODR) 2015 - Appointment of M/s SVD & Associates as Secretarial Auditors

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kalyani Steels Limited has announced the appointment of M/s SVD & Associates, a peer-reviewed firm of Company Secretaries, as its new Secretarial Auditors. The decision was made by the Board of Directors on May 5, 2025, based on the recommendation of the Audit Committee. The appointment covers a 5-year term, starting from the conclusion of the upcoming 52nd Annual General Meeting (AGM) and ending with the 57th AGM to be held in 2030. However, the appointment is subject to approval by shareholders at the ensuing AGM. SVD & Associates, established in 2014, provides corporate legal and advisory services and serves a wide range of listed and multinational clients.

Likely market impact

This is a routine corporate governance announcement and is not expected to have any direct impact on the company's financials or stock price. Shareholders will get to vote on the appointment at the next AGM.