Outcome of the Board meeting held on 22nd September 2025 for appointment of Secretarial auditor and approval of addendum of notice of 34th Annual General Meeting of the Company.
Awaiting price reaction for this filing.
The Board of Directors of DS Kulkarni Developers Ltd approved the appointment of M/s. Saurabh Shukla and Associates as the new Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30. The previous Secretarial Auditor, M/s Gajab Maheshwari and Associates, completed their tenure for FY 2024-25. Because this appointment was made after the AGM notice was already circulated to shareholders, the company is issuing an addendum to the 34th AGM notice to include this item, requiring shareholder approval at the AGM scheduled for September 30, 2025. The appointment follows SEBI's amended Regulation 24A (December 2024), which mandates a five-year term limit for secretarial auditors and requires shareholder approval. The new auditor is a peer-reviewed Pune-based firm with 10 years of experience.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply rotates the secretarial auditor as required by SEBI's updated rules, and the addendum ensures the AGM notice is complete before shareholders vote.