BSERikhav Securities LtdMediumNeutral
Announced Mon, 25 Aug · 18:43 IST

Appointment of Secreatarial Auditor

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rikhav Securities' board, at its meeting on August 25, 2025, approved several items including the Board's Report for FY ended March 31, 2025, and the convening of the 30th Annual General Meeting on September 29, 2025. The board also approved the appointment of M/S Ritul Parmar & Associates, a Practising Company Secretary firm based in Navi Mumbai, as the new Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming AGM. Additionally, Mr. Monil Rajendra Shah was re-appointed as an Executive Director via retiring by rotation. This is a new appointment, replacing or establishing the secretarial audit function.

Likely market impact

This is a routine compliance and governance filing. A five-year appointment of a secretarial auditor signals long-term continuity in compliance oversight. No material impact on shareholders or stock price is expected from this announcement.