Announced Fri, 22 Aug · 16:21 IST

Pursuant to Regulation 30 of SEBI (LODR), 2015, the Company has received the resignation from M/s Vinesh k Shah & Associates, Practicing Company Secretaries as Secretarial Auditors. Additionally ....

Auditor Resigned MidtermManagement Changes View source PDF

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AI summary

The company has informed the stock exchange about a change in its Secretarial Auditor. M/s Vinesh K Shah & Associates, the existing Secretarial Auditor for FY 2024-25, resigned effective August 21, 2025, citing pre-occupation with other professional assignments. The Board of Directors, at its meeting held on August 22, 2025, approved the appointment of M/s SCS & CO. LLP, Ahmedabad, as the new Secretarial Auditor for a first term of 5 consecutive years (from the conclusion of the 33rd AGM to the 38th AGM). This appointment is subject to approval by shareholders at the upcoming Annual General Meeting.

Likely market impact

This is a routine auditor rotation with no governance red flags, as the outgoing auditor cited professional workload reasons and a replacement has been promptly appointed. Shareholders will need to approve the new auditor at the next AGM, but this should not materially affect the stock or operations.