The Karnataka Bank Limited has informed the Exchange about appointment of Secretarial Auditors of the Bank
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Karnataka Bank has appointed M/s. SVJS & Associates, Practicing Company Secretaries (Bengaluru), as its Secretarial Auditors. The appointment was approved by shareholders at the 101st Annual General Meeting held on September 23, 2025. The firm will serve for a period of 5 consecutive years, covering financial years 2025-26 to 2029-30, and will conduct the Secretarial Audit as required under Section 204 of the Companies Act, 2013 and Regulation 24A of the SEBI LODR Regulations. SVJS & Associates, established in 2008, is an ISO 9001:2015 certified firm with over 50 professionals and offices in Kochi, Bengaluru, Chennai, and Mumbai, and was previously awarded Best CS Firm by ICSI in 2021.
This is a routine, compliance-driven appointment with no material impact on shareholders or the stock price. The long 5-year tenure suggests regulatory stability but is standard practice under SEBI rules.