BSERama Petrochemicals LtdMediumNeutral
Announced Thu, 7 Aug · 21:39 IST

Re-appointment of Statutory Auditors for second term for five consecutive years

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

At the 39th AGM held on August 6, 2025, shareholders of Rama Petrochemicals approved several routine appointments. M/s. Khandelwal & Mehta LLP was re-appointed as Statutory Auditors for a second term of five years, valid until the 44th AGM in 2030. Mr. Pankaj Kumar Banerjee was re-appointed as an Independent Director for a second term of five years (August 14, 2025 to August 13, 2030). Mr. Shirish V. Karia was re-appointed as a Non-Executive Director via rotation. M/s. Ashok Patel & Associates was newly appointed as Secretarial Auditor for five financial years (FY 2025-26 to FY 2029-30).

Likely market impact

This is a routine governance disclosure with no material impact on shareholders or stock price. Continuation of the existing auditor and independent director signals stability in oversight, while the new secretarial auditor appointment is a standard compliance requirement.