BSEPG Foils LtdMediumNeutral
Announced Fri, 6 Jun · 17:16 IST

Board has approved Re- appointment of M/s CSM & Co. Company Secretary, Jaipur as Secretarial Auditor of the company for period of five years commencing from FY 2025-26 till FY 2029-30 ....

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Awaiting price reaction for this filing.

AI summary

PG Foils Ltd has informed the stock exchanges that its Board of Directors, based on the recommendation of the Audit Committee, approved the appointment of M/s CSM & Co., a peer-reviewed firm of Practicing Company Secretaries based in Jaipur, as the Secretarial Auditor of the company. The appointment is for a period of five consecutive financial years, from FY 2025-26 to FY 2029-30, and is subject to shareholder approval at the upcoming Annual General Meeting. The firm has 3 partners and expertise in corporate law, SEBI regulations, FEMA compliance, and allied fields, serving clients across banking, manufacturing, pharma, and public utilities sectors. The Board meeting was held on 6th June 2025.

Likely market impact

This is a routine governance compliance appointment and is unlikely to have any material impact on the stock price or shareholder value. Shareholders will get to vote on the appointment at the upcoming AGM.