Appointment of Secretarial Auditors
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Madhusudan Industries Ltd has informed BSE that its Board of Directors, at a meeting held on 27th May 2025, approved the appointment of M/s. Parikh Dave & Associates as the new Secretarial Auditor of the company. The appointment is for a term of five years, covering FY 2025-26 to FY 2029-30, and is subject to shareholder approval at the upcoming Annual General Meeting. Parikh Dave & Associates is a peer-reviewed firm of Practicing Company Secretaries with over 18 years of experience, led by senior partner Mr. Umesh Parikh (30+ years of experience). The firm handles secretarial audits, due diligence, mergers, and corporate compliance work for listed companies, MNCs, and government entities.
This is a routine governance compliance announcement and is unlikely to have any material impact on the stock price. The appointment of an experienced, peer-reviewed secretarial auditor for a full five-year term signals standard adherence to SEBI's LODR requirements and may reassure shareholders on compliance oversight.