Appointment of Secretarial Auditor, Statutory Auditor & Independent Director of the Company
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Paul Merchants' board, at its August 13, 2025 meeting, approved convening the 41st AGM on September 19, 2025 via video conferencing. It recommended the re-appointment of Sh. Sat Paul Bansal (Chairman, Non-Executive Director, 78 years) as a director liable to retire by rotation. Sh. Inder Sain Negi, a retired RBI Regional Director, was recommended for re-appointment as Non-Executive Independent Director for a second 5-year term (Nov 1, 2025 to Oct 31, 2030). M/s Anil Negi & Company was appointed as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30), and M/s Rajiv Goel & Associates was recommended for re-appointment as Statutory Auditor for a second 5-year term till the 46th AGM in 2030. All re-appointments are subject to shareholder approval at the upcoming AGM.
This is a routine governance filing with no material change for shareholders. Re-appointments of the existing director, independent director, and statutory auditor signal continuity in leadership and audit oversight, with no immediate impact on the stock price.