Outcome of Board Meeting
Awaiting price reaction for this filing.
Maxgrow India Ltd's Board of Directors met on May 5, 2026 and approved two key appointments. First, M/s R. B. Jain & Associates was appointed as Statutory Auditors for a 5-year term, subject to shareholder approval at the AGM. This firm has over 35 years of experience in audits and taxation. Second, M/s BYG & Associates was appointed as Secretarial Auditors for 5 years (FY 2025-26 to FY 2029-30), also subject to shareholder approval. Additionally, the company scheduled its Annual General Meeting for FY 2024-25 on June 1, 2026. The board meeting lasted 1.5 hours.
This is a routine governance filing with no immediate impact on stock price. The appointment of experienced auditors and scheduling of the AGM indicates the company is progressing normally with its annual compliance and reporting cycle for FY 2024-25.