Appointment Of Secretarial Auditor
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved audited financial results for FY ended 31 March 2025 and recommended a dividend of Rs.12 per share (120%) on equity shares of Rs.10 each, subject to shareholder approval at the AGM. Company Secretary Mr Shivaprasad Padhy resigned on personal grounds effective 15 May 2025, and Mr Brajesh Baral was appointed as the new Company Secretary and Compliance Officer from 16 May 2025. The board also recommended appointing Mr Mogarala Sankara Reddy as a Non-Executive Independent Director, subject to shareholder approval. Several auditors were appointed for FY 2025-26: P. Srinivasan & Co. as Internal Auditors, Brahmayya & Co. as Tax Auditors, and Parimala Natarajan Company Secretaries as Secretarial Auditors for a five-year term through FY 2029-30. The AGM is scheduled for 26 June 2025, with the record date set as 20 June 2025.
Shareholders stand to receive a healthy 120% dividend if approved at the AGM, which is positive for income-seeking investors. The Company Secretary change is a routine KMP transition but warrants brief monitoring to ensure smooth compliance handover.