1. Discontinuation of Secretarial Auditor: The Board approved the discontinuation of Mrs. Rupal Patel (Membership No: F6275, C.P No: 3803), the existing Secretarial Auditor of the company. 2. ....
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The Board of Paragon Finance Ltd approved the discontinuation of Mrs. Rupal Patel (Membership No: F6275, CP No: 3803) as the company's existing Secretarial Auditor. The full filing text was not accessible from BSE (page returned an error), so reasons for the change and any replacement details are not available. The discontinuation is a mid-term change in a non-statutory, non-financial auditor role. No details on a new secretarial auditor appointment or the next steps have been confirmed from the visible content.
A mid-term change in the secretarial auditor is a routine governance event but, without a stated reason, may prompt mild scrutiny from shareholders. Since this involves only the secretarial auditor (not the statutory/statutory financial auditor), direct impact on financials or stock price is expected to be limited.