BSEKeerthi Industries LtdMediumNeutral
Announced Thu, 29 May · 19:12 IST

As per the attached letter.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Keerthi Industries' Board, at its May 29, 2025 meeting and on the Audit Committee's recommendation, approved two auditor-related decisions. First, it appointed M/s VCSR & Associates, Practicing Company Secretaries based in Hyderabad, as Secretarial Auditors for five consecutive financial years from FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming AGM. Second, it re-appointed M/s Vasireddy and Associates, Practicing Cost Accountants, as Cost Auditors for FY 2025-26. Both firms are described as experienced, established practices with no related-party connection to the company. This is a routine regulatory disclosure under SEBI Listing Regulations.

Likely market impact

This is a routine, governance-positive disclosure with no material financial impact. The long-term (5-year) appointment of secretarial auditors signals stability in compliance oversight, while shareholder approval for the secretarial auditor appointment remains pending at the next AGM.