Announced Thu, 11 Sept · 15:54 IST

Appointment of M/s SCS & Co. LLP as Secretarial Auditor of the Company for F.Y. 2024-25

Auditor Resigned MidtermManagement Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mardia Samyoung Capillary Tubes Company has appointed M/s SCS & Co. LLP, an Ahmedabad-based firm of Practicing Company Secretaries, as its new Secretarial Auditor for the financial year 2024-25. This appointment follows the resignation of the previous Secretarial Auditor, M/s Vinesh K Shah & Associates, on August 22, 2025, who stepped down citing pre-occupation with other professional assignments. The new auditor, led by partner Mr. Abhishek Chhajed, has over 7 years of experience in corporate secretarial compliance, SEBI regulations, and related areas. The September 3 filing is a revised version of the original August 22 board meeting outcome, submitted to correct a clerical error regarding the auditor's tenure.

Likely market impact

This is a routine mid-year change of secretarial auditor with no governance red flags — the outgoing auditor left due to workload reasons, not disagreements. Shareholders should see no material impact on the stock, though the mid-term switch may warrant attention at the next annual secretarial audit report.