RUSHABEARNSERushabh Precision Bearings Limited· -MediumNeutral
Announced Tue, 30 Sept · 18:59 IST

Rushabh Precision Bearings Limited has informed the Exchange regarding Appointment of M/s. Rajesh Laxmi and Associates, Chartered Accountant as Statutory Auditor of the company w.e.f. April 01, 2025.

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rushabh Precision Bearings has appointed M/s. Rajesh Laxmi & Associates, Chartered Accountants (Delhi), as its new Statutory Auditor for a one-year term covering FY 2025-26, approved at the 36th AGM held on September 30, 2025. The firm has Firm Registration No. 012203N and is engaged in accounting, bookkeeping, and auditing activities. Separately, M/s. Parshwa Shah and Associates, Practicing Company Secretaries (Ahmedabad), has been appointed as Secretarial Auditor for a five-year term from April 1, 2025 to March 31, 2030. Both appointments were made on the recommendation of the Audit Committee and Board, and approved by shareholders.

Likely market impact

This is a routine governance appointment with no material impact on shareholders or the stock price. It reflects standard compliance with listing regulations and the Companies Act regarding auditor appointments.