SHAKTIPUMPNSEShakti Pumps (India) Limited· Electronics - IndustrialMediumNeutral
Announced Fri, 9 May · 21:46 IST

Shakti Pumps (India) Limited has informed the Exchange regarding Appointment of M/s M. Maheshwari & Associates as Secretarial Auditor of the company.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shakti Pumps (India) Limited has appointed M/s M. Maheshwari & Associates, a firm of Practising Company Secretaries based in Indore, as its new Secretarial Auditor. The appointment was approved by the Board on May 9, 2025, on the recommendation of the Audit Committee. The firm will serve for a term of five consecutive years, from the upcoming Annual General Meeting (AGM) until the conclusion of the 35th AGM. The appointment is subject to shareholder approval at the ensuing AGM. The lead partner, Mr. Manish Maheshwari, is a qualified Company Secretary with 24 years of experience in corporate law, finance, taxation, and capital markets.

Likely market impact

This is a routine governance compliance announcement. A new secretarial auditor appointment has no direct impact on the stock price or shareholder value, though it reflects adherence to SEBI's regulatory requirements.