BSELactose India LtdMediumNeutral
Announced Fri, 22 Aug · 14:20 IST

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 we hereby submit the disclosure towards the appointment of Statutory Auditor of the Company.

Management Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

At a board meeting on 22nd August 2025, Lactose (India) Limited approved several appointments. M/s. DMKH & Co. (Chartered Accountants, founded 1990, 9 offices, 160+ professionals) was appointed as Statutory Auditor for a 5-year term. M/s. Jajodia & Associates was re-appointed as Secretarial Auditor for 5 years (till FY 2030-31), M/s. AMS & Co. as Internal Auditor for FY 2025-26, and M/s. Kirit Mehta & Co. as Cost Auditor for FY 2025-26. Additionally, Mr. Kishor Patel, a Mechanical Engineer with 38 years of industry experience (previously with Colgate Contract Fillers and PGI), was appointed as Additional Non-Executive Independent Director for 5 years starting 22nd August 2025, subject to shareholder approval. None of the appointees have disclosed relationships with existing directors.

Likely market impact

This is a routine governance update with new statutory auditor and an independent director joining the board. No negative signals — these are fresh appointments to strengthen audit oversight and board independence, generally neutral to slightly positive for governance quality.