Please Find Attached Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Parle Industries Limited's Board of Directors met on 11th April 2026 and approved three key matters. First, the company appointed M/s. Sachin Singh & Associates as Secretarial Auditor for FY 2025-26 specifically to fill a casual vacancy, with Mr. Sachin Singh being a practicing CS and LLB with over 10 years of experience. Second, M/s. Motilal & Associates LLP was appointed as Internal Auditor for FY 2026-27 based on the Audit Committee's recommendation. Third, the Board reviewed that Golden Valley Treasure Park Pvt Ltd (formerly Windfield Spaces Pvt Ltd) has ceased to be a material subsidiary as its financial thresholds fell below 10% of the company's consolidated financials. The meeting lasted from 04:30 PM to 06:35 PM.
The appointment of a new secretarial auditor to fill a casual vacancy suggests the previous auditor left mid-term, which could indicate governance or compliance issues. The change in material subsidiary status reduces disclosure requirements but may reflect reduced business scale of the subsidiary.