Appointment of M/s. Avani Gandhi & Associates, Practicing Company Secretaries, as the Secretarial Auditor of the Company.
ZSARACOM · price
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The Board of Directors of Saraswati Commercial (India) Ltd, at its meeting held on May 27, 2025, approved the appointment of M/s. Avani Gandhi & Associates, Practicing Company Secretaries, as the Secretarial Auditor of the Company. The appointment is for a period of 5 consecutive years, from FY 2025-26 to FY 2029-30, and is subject to shareholder approval at the upcoming Annual General Meeting. The appointment was made on the recommendation of the Audit Committee, in compliance with SEBI Listing Regulations.
This is a routine, regulatory compliance-related appointment and is unlikely to have any material impact on the stock price or shareholder value. It simply ensures the company fulfills its statutory secretarial audit requirements.