SESHAPAPERNSESeshasayee Paper and Boards Limited· Paper And Paper ProductsLowNeutral
Announced Sat, 10 May · 16:58 IST

Seshasayee Paper and Boards Limited has informed the Exchange about change in Management - Appointment of Cost Auditor

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Seshasayee Paper and Boards has appointed M/s S Mahadevan & Co, Cost Accountants (Firm Registration No. 000007) as the Cost Auditor for the Financial Year 2025-26. The decision was taken by the Board of Directors at its meeting held on May 10, 2025. M/s S Mahadevan & Co is a well-established firm of Cost Accountants, founded in 1978, with offices in Chennai, Coimbatore, and associates in Salem, Bangalore, and Hyderabad. The appointment is part of the company's routine statutory compliance under SEBI Listing Regulations.

Likely market impact

This is a routine regulatory compliance filing with no material impact on shareholders or stock price. Appointment of cost auditors is mandatory under the Companies Act and is a standard yearly exercise for manufacturing companies like Seshasayee Paper and Boards.