MGLNSEMahanagar Gas LimitedLowNeutral
Announced Tue, 6 May · 19:45 IST

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

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mahanagar Gas Limited has appointed M/s. M P Sanghavi & Associates LLP, a peer-reviewed firm of company secretaries based in Mumbai, as its Secretarial Auditors. The appointment covers five consecutive financial years from FY 2025-26 to FY 2029-30 and is subject to shareholder approval at the next Annual General Meeting. The firm has over two decades of experience in corporate law compliance, with its designated partners having a combined experience of over four decades. The decision was made by the Board based on the recommendation of the Audit Committee at a meeting held on May 6, 2025.

Likely market impact

This is a routine compliance-related appointment with no material impact on shareholders or the stock. It reflects standard governance practice and requires shareholder ratification at the upcoming AGM.