Announced Fri, 13 Jun · 18:04 IST

Appointment of M/s. DSM & Associates, Practicing Company Secretaries, as Secretarial Auditors of the Company.

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AI summary

Nagpur Power & Industries Ltd has appointed M/s. DSM & Associates, a Mumbai-based firm of Practicing Company Secretaries, as its Secretarial Auditors. The Board approved the appointment on June 13, 2025, on the recommendation of the Audit Committee. The appointment is for five consecutive financial years starting from FY 2025-26 through FY 2029-30 and is subject to shareholder approval at the upcoming Annual General Meeting. The firm has confirmed its eligibility and given consent, holding a valid peer review certificate (No. 2229/2022). This is a routine compliance filing under Section 204 of the Companies Act, 2013, and SEBI Listing Regulations.

Likely market impact

This is a standard regulatory compliance appointment and is unlikely to have any material impact on the stock price or shareholders. It reflects good governance practice by ensuring secretarial audit continuity for the next five years.