Ravi Kumar Distilleries Limited has informed the Exchange regarding Appointment of Ramanand & as Other of the company w.e.f. April 01, 2025.
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Ravi Kumar Distilleries Limited has informed the stock exchanges about the appointment of M/s. Ramanand & Associates (FRN: 117776W) as the new Statutory Auditor of the company. The appointment was approved by the Board of Directors based on the recommendation of the Audit Committee. The firm will serve as auditor for a period of 5 years starting from FY 2025-26, subject to shareholder approval at the upcoming Annual General Meeting. The firm is led by Mr. Ramanand Gupta, a Chartered Accountant with experience in direct/indirect taxes, statutory and internal audit, and financial consultancy. The change is being disclosed under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements.
This is a routine auditor appointment disclosure and is unlikely to have any meaningful impact on the stock price. Shareholders will get to vote on the appointment at the upcoming AGM, which is standard procedure.