SMLTNSESarthak Metals LimitedMediumNeutral
Announced Fri, 23 May · 11:00 IST

Sarthak Metals Limited has informed the Exchange regarding 'Appointment of Secretarial Auditors of the Company'.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sarthak Metals Limited has informed the stock exchanges that its Board of Directors, at a meeting held on 22nd May 2025, approved the appointment of Nilesh A. Pradhan & Co., LLP, a Mumbai-based firm of Practicing Company Secretaries, as the company's Secretarial Auditors. The appointment is for a period of five 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. Nilesh A. Pradhan & Co., LLP is a peer-reviewed firm established in 2001 and operating as an LLP since December 2018.

Likely market impact

This is a routine governance-related appointment and is unlikely to have any material impact on the stock price. It reflects compliance with SEBI's requirement for companies to appoint a Secretarial Auditor and ensures continued regulatory compliance for the next five years, pending shareholder approval.