Outcome of Board Meeting of the Company held on Friday, April 03, 2026.
Awaiting price reaction for this filing.
The Board of Directors of Maxgrow India Ltd met on April 3, 2026 and approved the un-audited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (Q3 FY26). The statutory auditor issued a limited review report with an unmodified (clean) opinion on these results. The Board also appointed Mr. Akshay Kene (ICSI Membership No. A59623) as the new Company Secretary and Compliance Officer of the company with effect from April 3, 2026. Additionally, M/s. Abhay Kumar Pal & Co., a practicing company secretary firm based in Mumbai, was appointed as the Secretarial Auditor of the company.
The clean (unmodified) audit opinion on Q3 results is a neutral-to-positive signal for shareholders, indicating no accounting red flags. The appointments of a new Company Secretary and Secretarial Auditor are routine governance housekeeping and are unlikely to materially move the stock price, though they suggest the company is bringing in fresh compliance and governance oversight.