Regulation 30 : reappointment of Statutory Auditor, secretarial auditors and Director retire by rotation
Awaiting price reaction for this filing.
Inditalia Refcon Ltd's Board, at its meeting on September 8, 2025, approved the 39th Annual Report for FY ended March 31, 2025 and scheduled the 39th AGM for September 30, 2025. It recommended the re-appointment of Director Mr. Navin Sheth (DIN: 02501231), who retires by rotation, via Special Resolution. The Board also recommended re-appointing Statutory Auditor M/s. Shah Kailash & Associates LLP and Secretarial Auditor M/s. CS Nisha & Associates, each for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval at the AGM. The company had no business operations during FY 2024-25 and reported a net loss of Rs. 6.78 lakhs, with a continuing BSE compulsory delisting notice and a past SEBI penalty of Rs. 3 lakhs on record.
All changes are routine re-appointments subject to shareholder approval and are unlikely to materially move the stock. The continuing BSE delisting notice and the company's loss-making, no-operation status remain the more relevant concerns for shareholders.