Appointment for Secretarial Auditor
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of Padam Cotton Yarns Ltd met on July 31, 2025 and approved two items. First, the unaudited standalone financial results for the quarter ended June 30, 2025 (Q1 FY26), which were also reviewed by the audit committee and the statutory auditors. Second, the appointment of Mr. Ashish Goyal, Proprietor of M/s A. Goyal & Associates (Company Secretaries based in Karnal, Haryana, ICSI Membership No. A52796) as the company's Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30. This appointment follows SEBI's December 2024 amendment to Regulation 24A making secretarial auditors mandatory, and is subject to shareholder approval at the upcoming AGM. The brief is signed by Whole-Time Director Dinesh Shreevastav.
This is a routine compliance-driven appointment with no material impact on shareholders or the stock. The quarterly results approval is standard quarterly disclosure and investors should watch for the actual numbers in the attached Annexure I.