Appointment of Secretarial Auditor of the Company
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors of Sanathnagar Enterprises Limited met on April 17, 2026 and approved three key items: (1) Appointment of M/s Walker Chandiok & Co., LLP as the new Statutory Auditor for a 5-year term starting FY 2026-27, replacing M/s MSKA & Associates LLP which is completing its second 5-year term and retiring at the 79th AGM. (2) Resignation of Mr. Martin Godard as Manager and Key Managerial Personnel (KMP) of the Company effective close of business on April 17, 2026, citing other professional commitments. (3) Appointment of M/s Shravan A. Gupta & Associates as the Secretarial Auditor for FY 2026-27.
The resignation of a Key Managerial Personnel may raise concerns about management stability, though the company stated no material reasons exist. The change in statutory auditor is routine as the previous auditor completed its permissible term.