RESIGNATION OF SECRETARIAL AUDITOR
Awaiting price reaction for this filing.
M/s Roshan Raikar & Associates, Practicing Company Secretaries, has resigned as the Secretarial Auditor of Lords Mark Industries Ltd with effect from 30 May 2025. The firm was appointed to conduct the secretarial audit for FY 2024-25 and stepped down mid-tenure citing pre-occupancy in other assignments. The resignation letter was submitted directly to the Board of Directors on the same date. The company has disclosed the event to BSE under SEBI Listing Regulations. No details on whether a replacement secretarial auditor has been appointed yet.
A mid-tenure exit of the secretarial auditor may briefly raise governance questions among investors, though the cited reason (workload elsewhere) is routine. Shareholders should watch for a quick appointment of a new secretarial auditor to complete the FY 2024-25 audit on time.