BSEMediumNeutral
Announced Tue, 6 May · 19:45 IST

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, the Board of Directors of the Company at their meeting held today, on May 06, 2025 has approved the appointment of Secretarial ....

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mahanagar Gas Limited (MGL) has appointed M/s. M P Sanghavi & Associates LLP, a peer-reviewed firm of company secretaries based in Mumbai, as its Secretarial Auditors for a five-year period starting FY 2025-26 through FY 2029-30. The appointment was approved by the Board on May 6, 2025, based on the Audit Committee's recommendation, and is subject to shareholder approval at the next Annual General Meeting. The appointed firm has over two decades of experience in corporate law compliance, with its designated partners bringing a combined four decades of expertise.

Likely market impact

This is a routine regulatory compliance appointment and is unlikely to have any material impact on the stock price or shareholder interests. It ensures MGL meets its secretarial audit obligations under SEBI regulations for the next five years.