MGLNSEMahanagar Gas LimitedMediumNeutral
Announced Mon, 25 Aug · 20:45 IST

Appointment of Secretarial Auditors- Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mahanagar Gas Limited has informed the stock exchanges that its shareholders, at the 30th Annual General Meeting held on August 22, 2025, approved the appointment of M/s M P Sanghavi & Associates LLP as the Secretarial Auditors of the company. This is the firm's first term, covering five consecutive financial years from FY2025-26 to FY2029-30. The appointment was recommended by the Audit Committee and the Board of Directors. M/s M P Sanghavi & Associates LLP is a peer-reviewed firm of Company Secretaries based in Mumbai with over two decades of experience in corporate law compliance. The firm's designated partners, CS Mita Sanghavi and CS Pushpal Sanghavi, bring a combined experience of over four decades.

Likely market impact

This is a routine regulatory disclosure regarding the appointment of secretarial auditors. It is unlikely to have any material impact on the stock price or shareholder value, as secretarial auditors primarily review compliance with corporate laws and SEBI regulations.