Appointment of Secretarial Auditor
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Nexxus Petro Industries has appointed CS Nihar Sheth, a Practicing Company Secretary, as its Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30. The appointment was approved by the Board on August 30, 2025, based on the recommendation of the Audit Committee, and is subject to shareholder approval at the upcoming 4th Annual General Meeting. CS Nihar Sheth runs a peer-reviewed firm with over 8 years of experience in compliance and corporate laws, currently associated with more than 100 companies, LLPs, and other entities. The appointment is part of the company's routine compliance with SEBI Listing Regulations.
This is a standard regulatory compliance appointment with no material impact on the stock price or shareholder value. Shareholders will get a chance to approve or reject this appointment at the next AGM.