OUTCOME OF BM DATED 10.09.2025
Awaiting price reaction for this filing.
LS Industries Ltd held a board meeting on September 10, 2025, where it accepted the resignation of its existing statutory auditor, Sangeet Kumar & Associates, and appointed M/s Bhakoo & Co. Chartered Accountants as the new statutory auditor for FY2025-26 to fill the casual vacancy. The board also appointed Mr. Peeyush Sethi as an Additional Independent Director and Ms. Richa Arora as an Additional Independent Woman Director, each for a 5-year term effective September 4, 2025, subject to shareholder approval. Additionally, CS Kanwar Nitin Singh was appointed as the Company Secretary and Compliance Officer with immediate effect.
The mid-term change of statutory auditor is a notable governance event that shareholders should monitor, while multiple new independent director and compliance officer appointments suggest the company is strengthening its board and compliance functions.