Announced Mon, 9 Jun · 18:25 IST

Appointment of Secretarial Auditor of the company.

Management Changes View source PDF

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AI summary

Parshwanath Corporation has appointed M/s. K. A Shukla & Associates, a firm of practicing company secretaries (Peer Review No. 1472/2021), as its Secretarial Auditor. The appointment was made at the Board Meeting on June 9, 2025, for a term of 5 years, subject to approval from shareholders at the upcoming Annual General Meeting. The firm specializes in corporate advisory, governance, and compliance services, and is not related to any director currently on the company's board. The intimation was signed by Mrs. Riddhiben R. Patel, Joint-Managing Director & CFO.

Likely market impact

This is a routine regulatory compliance appointment under SEBI LODR norms and is unlikely to have any material impact on the stock price or shareholder value. The 5-year term provides continuity in secretarial compliance oversight.