Kothari Petrochemicals Limited has informed the Exchange regarding Appointment of M/s V. Vasumathy & Associates as Secretarial Auditor of the company for the financial year 2025 - 2026 to 2029 - 2030
KOTHARIPET · price
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At the 36th Annual General Meeting held on August 5, 2025, shareholders of Kothari Petrochemicals approved three key resolutions. Mr. Brij Mohan Bansal and Mr. Gautam Roy were re-appointed as Independent Directors for a second consecutive term of 5 years each, effective August 10, 2025. Both are seasoned oil and gas industry veterans, with Bansal being a former Chairman of Indian Oil Corporation and Roy being a former Managing Director of Chennai Petroleum Corporation. Additionally, M/s. V. Vasumathy & Associates, a peer-reviewed Practicing Company Secretary firm based in Chennai, was appointed as the Secretarial Auditor for a first term of 5 years covering FY 2025-26 to FY 2029-30 under SEBI's Regulation 24A. The company confirmed that neither director is debarred from holding office by any SEBI order.
These are routine governance and compliance-related approvals and are unlikely to have any material impact on the stock price. Continuity of experienced independent directors and a fresh secretarial auditor appointment signals stable board oversight for shareholders.