Nelcast Limited has informed the Exchange about change in Management
NELCAST · price
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Nelcast Limited's Board of Directors, on the recommendation of the Audit Committee, has appointed M/s LD Reddy & Co, a Practicing Company Secretary firm based in Hyderabad, as the Secretarial Auditor of the Company. The appointment is for a period of five consecutive years covering financial years 2025-26 to 2029-30. The appointment is subject to approval from shareholders at the upcoming Annual General Meeting. The appointed firm has over 25 years of experience in corporate law, SEBI regulations, mergers, takeovers, and related compliance matters, and is peer-reviewed by ICSI.
This is a routine governance/compliance appointment and is unlikely to have any material impact on the stock price or shareholder value. It strengthens the company's secretarial compliance framework over the next five years.