Announced Mon, 9 Feb · 17:28 IST

Resignation of Secretarial Auditor of the Company

Auditor Resigned MidtermManagement Changes View source PDF

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AI summary

Zankhana Bhansali & Associates, Practicing Company Secretaries, has stepped down as the Secretarial Auditor of Laffans Petrochemicals Ltd with effect from February 9, 2026. The firm was originally appointed for a five-year term covering Financial Years 2025-26 to 2029-30, so this exit comes very early in the engagement. The reason cited is pre-occupancy with other professional commitments, with no governance or audit-related concerns mentioned. The company has disclosed the change under SEBI Listing Regulations and is yet to announce a replacement secretarial auditor.

Likely market impact

This is a routine mid-term exit of a secretarial auditor with no stated governance issues, so the immediate impact on shareholders is likely minimal. However, the company will need to appoint a new secretarial auditor soon to remain compliant with secretarial audit requirements, and any delay in finding a replacement could raise minor compliance questions.