Announced Sun, 28 Sept · 09:36 IST

Appointment of Statutory Auditor and Secretarial Auditor of the Company in AGM held on 27th September, 2025

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

At the AGM on 27th September 2025, shareholders of Prismx Global Ventures approved three items. M/s. HRU & Associates (Practising Company Secretary) was re-appointed as Secretarial Auditor for a 5-year term, ending at the FY 2030-31 AGM. M/s. Pravin Chandak & Associates, Chartered Accountants, was appointed as Statutory Auditor for a 5-year term; the firm was established in 1997 and is based in Mumbai. Additionally, two individuals — Dheeraj Shah (holding 40,80,818 shares, 0.93%) and Paresh Shah (holding 16,00,000 shares, 0.36%) — were reclassified from the Promoter group to the Public category, effective with shareholder approval on 27th September 2025.

Likely market impact

Routine governance update — the new 5-year auditor tenures bring continuity in financial and secretarial oversight. The promoter-to-public reclassification is small in size (combined ~1.29% stake) and has limited impact on shareholding dynamics.