KCP Sugar and Industries Corporation Limited has informed the Exchange regarding Change in Auditors of the company.
KCPSUGIND · price
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KCP Sugar and Industries Corporation has appointed M/s. P Muthukumaran and Associates, a Practicing Company Secretary firm, as its new Secretarial Auditor. The appointment was approved by the Board of Directors on 13th August 2025, based on the recommendation of the Audit Committee. The firm will serve for a period of five consecutive years, up to the Annual General Meeting to be held in 2030, subject to shareholder approval. The new auditor has confirmed it is not disqualified and there is no conflict of interest.
This is a routine governance update appointing a Secretarial Auditor (not the statutory financial auditor) for a five-year term. The appointment is subject to shareholder approval at the next AGM, and no immediate material impact on the stock is expected.