BSELords Mark Industries LtdMediumNegative
Announced Fri, 30 May · 18:25 IST

RESIGNATION OF SECRETARIAL AUDITOR

Auditor Resigned MidtermManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Lords Mark Industries Ltd has informed BSE that M/s Roshan Raikar & Associates, Practicing Company Secretaries, has resigned as the company's Secretarial Auditor. The resignation was received on 30 May 2025. Roshan Raikar & Associates had been appointed to conduct the secretarial audit for the financial year 2024-25, meaning the resignation occurred mid-audit-period. The filing does not disclose any reason for the resignation, and no brief profile or director relationship details were applicable. The letter was signed by the Company Secretary, Shruti Pravesh Dalia, and filed on behalf of Kratos Energy & Infrastructure Ltd (likely the current/previously known name of the listed entity).

Likely market impact

Secretarial auditor resignations are less critical than statutory auditor resignations but can raise minor governance questions for investors if no reason is provided. Shareholders should watch for a new secretarial auditor appointment and any follow-up disclosures explaining the circumstances.