Paras Defence And Space Technologies Limited has informed the Exchange that the Board of Directors have inter alia approved the Appointment of Secretarial Auditors.
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Paras Defence and Space Technologies has informed the stock exchange that its Board of Directors approved the appointment of Secretarial Auditors. Secretarial auditors review a company's compliance with corporate laws and SEBI regulations. This is a routine governance requirement under the Companies Act, 2013, and the appointment was made at a duly convened board meeting. The announcement does not disclose the name of the auditor or the term of appointment.
This is a standard compliance filing with no material impact on the business or shareholders. It signals routine corporate governance adherence and is unlikely to affect the stock price.