MODINATURNSEModi Naturals LimitedMediumNeutral
Announced Mon, 6 Jul · 18:06 IST

Board approves new statutory auditor, sets 52nd AGM on July 31, 2026

Management Changes View source PDF

MODINATUR · price

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AI summary

Modi Naturals board recommended appointing M/s B. Chhawchharia and Co, Chartered Accountants (FRN 305123E), as Statutory Auditors for 5 years from the 52nd to the 57th AGM, subject to shareholder approval. The 52nd AGM is scheduled for July 31, 2026 via video conferencing. Board also appointed VMSS and Associates as Internal Auditor for FY 2026-27, re-appointed Manisha and Associates as Cost Auditor for FY 2026-27, and accepted the resignation of secretarial auditor Deepak Bansal and Associates (personal reasons), replacing them with A.K. Verma and Co for 5 years. Similar auditor change made at wholly owned subsidiary Modi Biotech Private Limited.

Likely market impact

Routine auditor appointments for the standard 5-year cycle; subject to shareholder nod at AGM on July 31. No material impact on operations expected.