BSESacheta Metals LtdMediumNeutral
Announced Mon, 9 Jun · 15:55 IST

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, ....

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sacheta Metals' Board of Directors, at a meeting held on June 9, 2025, approved the appointment of M/s. Murali and Venkat, Chartered Accountants (Firm Reg. No. 002162S) as the new Statutory Auditor for Financial Year 2025-26. This appointment fills the casual vacancy left by the previous auditor, Kiran & Pradip Associates. The new auditor is a peer-reviewed firm founded in 1989 with 21 partners and presence across major Indian cities including Mumbai, Bengaluru, Delhi, Hyderabad, Chennai, and Ahmedabad. The appointment is subject to shareholder approval at a forthcoming general meeting within three months.

Likely market impact

This is a routine governance update with no direct impact on stock price. Shareholders will get a chance to ratify the appointment at the next general meeting, and the company gets a larger, more established audit firm reviewing its books for FY 2025-26.