BSENikhil Adhesives Ltd-$MediumNeutral
Announced Tue, 23 Sept · 18:42 IST

Intimation uner regulation 30 of SEBI (LODR) Regulation, 2015 regarding appointment of Director & Auditors

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.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nikhil Adhesives Limited held its 39th Annual General Meeting on September 23, 2025, and approved three key appointments. M/s PHD & Associates has been appointed as the new Statutory Auditor for a 5-year term covering FY2025-26 to FY2029-30. M/s Somani & Associates has been appointed as the Secretarial Auditor for the same 5-year period. Additionally, Mr. Pravin Kanubhai Laheri, a retired IAS officer with over 35 years of governance experience, has been re-appointed as a Non-Executive Independent Director for a second term of 5 years effective April 1, 2026. The new statutory auditor is a well-established Mumbai-based CA firm formed through multiple mergers with over 70 years of combined experience.

Likely market impact

These are routine governance appointments made at the AGM with no negative signals — auditor change is a fresh 5-year appointment and the independent director is being re-appointed, both of which are standard compliance actions and unlikely to materially impact the stock price.