- Appointment of a) Internal Auditor of the Company for FY 2024-25 b) Secretarial Auditor of the Company for FY 2024-25 c) Reappointment of Independent Director of the Company d) Scrutinizer ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board, at its meeting on April 22, 2025, approved several items. Statutory auditor M/s Ravi Shah & Co. resigned, creating a casual vacancy, which will be filled by M/s Jain Kedia & Sharma (ICAI FRN 103920W) from the EGM date until the next AGM — shareholders' approval is sought. Mr. Jashubhai M Patel was reappointed as Independent Director for a second 5-year term, subject to shareholder approval at the EGM on May 16, 2025. Mr. Kirti Bhavsar was appointed as Internal Auditor for FY 2024-25, and Mr. Amrish Gandhi (Practising Company Secretary) was appointed as Secretarial Auditor for FY 2024-25 and as Scrutinizer for the EGM. The Register of Members will be closed from May 10 to May 16, 2025, with the e-voting cut-off date set as May 9, 2025.
The resignation of the statutory auditor mid-term and its replacement is the most notable item — while not unusual, investors should note the change in audit oversight. The independent director reappointment is routine governance. No immediate material impact on share price is expected from these housekeeping items.