it is hereby informed that the Board of Directors of the Company at their meeting held today i.e. Monday, 09th June, 2025 at 03:00 pm at the registered office of the Company, inter alia, ....
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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.
Sacheta Metals Ltd's board met on June 9, 2025 and approved the appointment of M/s. Murali and Venkat, Chartered Accountants (Firm Registration No. 002162S) as the new Statutory Auditor for FY 2025-26. This appointment is to fill a casual vacancy caused by the previous auditor Kiran & Pradip Associates. The new appointment is subject to shareholder approval at the next general meeting, to be held within three months. The new auditor, Murali and Venkat, is a well-established firm founded in 1989, with 21 partners and offices across major Indian cities, and is a peer-reviewed firm.
The change of statutory auditor mid-term may raise short-term governance questions for shareholders, but the new firm (Murali and Venkat) appears well-qualified and reputable. Investors should watch for any further details on why the previous auditor (Kiran & Pradip Associates) vacated the position.