POWERMECHNSEPower Mech Projects LimitedLowNeutral
Announced Thu, 22 May · 18:26 IST

Power Mech Projects Limited has informed the Exchange regarding Appointment of Mr Mr. D. S. Rao, as Secretarial Auditor as Other of the company w.e.f. April 01, 2025.

Management Changes View source PDF

POWERMECH · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Power Mech Projects has appointed Mr. D. S. Rao, a Practicing Company Secretary, as its Secretarial Auditor for a 5-year term from FY 2025-26 to FY 2029-30. The company has also appointed M/s. M P R & Associates, Cost Accountants, as Cost Auditors for FY 2025-26. Both appointments were approved by the Board on May 22, 2025, and are subject to shareholder approval at the upcoming Annual General Meeting. This is a routine governance disclosure under SEBI's Listing Regulations, with no indication of any prior auditor stepping down mid-term.

Likely market impact

This is a routine, regulatory compliance announcement with no material impact on shareholders or the stock price. It reflects standard auditor appointments, with shareholder ratification to follow at the AGM.