intimation regarding appointment of secretarial auditor of the company
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Promax Power Ltd has appointed M/s. Prachi Lad & Associates (formerly known as Prachi Lad & Associates, previously Prachi Lad & Associates) as the company's Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30. The appointment was approved by shareholders at the 8th Annual General Meeting held on September 30, 2025, following a recommendation by the Audit Committee and Board on September 8, 2025. The lead practitioner, Ms. Prachi Lad (Prachi Prajapati), is a qualified Company Secretary (B.Com, ACS) with experience in corporate laws and finance. The appointment is made in compliance with Section 204 of the Companies Act, 2013 and SEBI LODR Regulation 24A.
This is a routine regulatory compliance matter — the appointment of a secretarial auditor is required by law and does not materially affect the company's financials or shareholder value. No cause for concern; simply a standard corporate governance update.