KAMOPAINTSNSEKamdhenu Ventures LimitedMediumNeutral
Announced Thu, 14 Aug · 16:55 IST

Subject to the approval of shareholders of Material Subsidiary Company, Board of Directors of material subsidiary Company approved the Appointment of Statutory Auditors' for a term of five consecutive years

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Awaiting price reaction for this filing.

AI summary

The Board of Kamdhenu Colour and Coatings Limited, a material and wholly owned subsidiary of Kamdhenu Ventures Limited, has approved the appointment of M/s DSP & Associates, Chartered Accountants (FRN: 006791N) as Statutory Auditors. The appointment is for a term of five consecutive years, from the conclusion of the 6th AGM until the conclusion of the 11th AGM, subject to shareholder approval at the upcoming 6th AGM. DSP & Associates is a partnership firm established in 1987 with 12 partners and over 28 years of experience, and is peer-reviewed by the ICAI. The decision was taken at a board meeting held on 14th August 2025.

Likely market impact

This is a routine regulatory disclosure for a subsidiary-level auditor appointment and is unlikely to have any direct material impact on Kamdhenu Ventures Limited's stock price. Shareholders of the subsidiary will need to approve the appointment at the next AGM.