Appointment of Secretarial Auditor
Price
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Awaiting price reaction for this filing.
Maitri Enterprises' board held a meeting on May 2, 2025, and approved three changes. Mr. Uddesh Jain, a qualified Company Secretary and ICSI member, has been appointed as the new Company Secretary and Compliance Officer, replacing Mr. Kirtan Yogeshbhai Panchal who resigned the same day citing better career opportunities. Additionally, M/s. SJV & Associates, a peer-reviewed Practising Company Secretaries firm based in Ahmedabad, has been appointed as the Secretarial Auditor for the financial year 2024-25. The board meeting lasted about 30 minutes, from 5:45 PM to 6:15 PM.
This is a routine KMP and auditor transition with no governance red flags — the outgoing Company Secretary left for career growth rather than any stated dispute, and the incoming auditor is a reputable peer-reviewed firm. Shareholders are unlikely to see any meaningful impact on the stock price from these changes.