Announced Tue, 30 Sept · 10:34 IST

Enclosed herewith the intimation under regulation 30 for appointment of Secretarial Auditor in the Company for your information.

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AI summary

Katare Spinning Mills has appointed M/s. Chetan Kumbhojkar, a Practicing Company Secretary, as its new Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30. The appointment was approved by shareholders at the Annual General Meeting held on 29th September 2025, effective from 30th May 2025. The appointee is a qualified Company Secretary (FCS13717, COP 23821) with over 10 years of experience in corporate and regulatory compliance, SEBI laws, FEMA matters, and RBI reporting for listed and multinational companies. The appointment is made to comply with Section 204 of the Companies Act, 2013.

Likely market impact

This is a routine compliance-driven appointment and does not materially impact shareholders. It signals adherence to statutory audit requirements with an experienced professional, which is generally viewed positively for governance.