BSEMaiden Forgings LtdLowNeutral
Announced Wed, 3 Sept · 18:53 IST

Pursuant to Regulation 30 of SEBI(Listing Obligations and Disclosure Requirements) regulations, 2015, we hereby inform you that the Board in its meeting held on 03rd September 2025 has ....

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AI summary

The Board of Directors of Maiden Forgings Ltd, at its meeting held on 3rd September 2025, approved the appointment of M/s M Lal & Co (FRN: 016069C) as the Internal Auditor of the Company for the financial year 2025-2026. The appointment was made in accordance with Section 138 of the Companies Act, 2013. M/s M Lal & Co is a Chartered Accountant firm based in Ghaziabad. The disclosure has been made under Regulation 30 of SEBI Listing Regulations and will be uploaded on the company's website.

Likely market impact

This is a routine governance compliance disclosure regarding the appointment of an internal auditor. It is not expected to have any material impact on the stock price or shareholder value, as internal auditor appointments are a standard annual requirement under the Companies Act.