Mahanagar Gas Limited has informed the Exchange regarding Change in Auditors of the company.
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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 was approved by shareholders at the 30th Annual General Meeting held on August 22, 2025, on the recommendation of the Audit Committee and Board of Directors. The firm has been appointed for a first term of five consecutive years covering FY2025-26 to FY2029-30. M P Sanghavi & Associates LLP has over two decades of experience in corporate law compliance, with its designated partners having a combined experience of over four decades.
This is a routine regulatory compliance appointment and is unlikely to have any material impact on the company's operations or stock price. It simply ensures the company meets SEBI's secretarial audit requirements for the next five years.