BSEMPF Systems LtdMediumNeutral
Announced Sat, 7 Jun · 12:17 IST

Appointment of Secretarial Auditor and Internal Auditor

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

MPF Systems Limited's Board of Directors, at a meeting held on June 7, 2025, approved the appointment of Krina Gokulkumar Shah, a Practicing Company Secretary, as the Secretarial Auditor for a 5-year term from April 1, 2025 to March 31, 2030, subject to shareholder approval. The Board also appointed M/s Kishan Patel & Associates, Chartered Accountants (FRN: 151318W), as the Internal Auditor for the financial year 2025-26. Both appointments are made to comply with the Companies Act, 2013 and SEBI Listing Regulations. The Secretarial Auditor has approximately 9 years of experience in legal, finance, accounts, and taxation, while the Internal Auditor firm has over 6 years of experience in accounting and income tax matters.

Likely market impact

These are routine compliance-driven appointments and are unlikely to have any material impact on the company's operations or stock price. Shareholders will be required to approve the Secretarial Auditor appointment at the upcoming Annual General Meeting.