Ndr Auto Components Limited has informed the Exchange regarding Appointment of Mr RS Bhatia as Secretarial Auditor
NDRAUTO · price
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Ndr Auto Components Limited has informed the stock exchange about the appointment of Mr. RS Bhatia as the company's Secretarial Auditor. A Secretarial Auditor is responsible for checking whether the company is following the required rules, laws, and corporate governance practices. This is typically a routine compliance requirement under the Companies Act for certain classes of companies. The announcement does not mention any specific reasons or prior auditor changes.
This is a routine regulatory appointment and is unlikely to have any meaningful impact on the stock price or shareholder value. It simply reflects the company meeting its statutory compliance obligations regarding corporate governance.