Announced Tue, 12 Aug · 17:12 IST

Appointment of Internal Auditor & Secretarial Auditor

Management Changes View source PDF

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Price reaction · full curve

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AI summary

The Board of Saptarishi Agro Industries has approved two auditor-related decisions at its meeting on August 12, 2025. First, M/s. Jayanta & Associates, Chartered Accountants, has been re-appointed as the Internal Auditor for the financial year 2025-26. Second, M/s. Chirag Shah & Associates, a peer-reviewed firm of Company Secretaries established in 2000, has been appointed as the Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming AGM. Both appointments are being disclosed to BSE under SEBI Listing Regulations.

Likely market impact

This is a routine compliance-related announcement with no material impact on shareholders or the stock price. The re-appointment of the internal auditor signals continuity, while the longer five-year secretarial auditor tenure (subject to shareholder nod) provides stability in compliance oversight.