Shalimar Paints Limited has informed the Exchange about appointment of Secretarial Auditor of the Company
SHALPAINTS · price
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Shalimar Paints has appointed M/s. MAKS & Co., Company Secretaries, as the new Secretarial Auditor of the company. The appointment is for a period of five consecutive years, from April 1, 2025 to March 31, 2030. The appointment is subject to approval by shareholders at the upcoming Annual General Meeting. MAKS & Co. is a partnership firm of practicing company secretaries with over 60 years of collective experience in corporate governance, SEBI regulations, FEMA compliance, and allied corporate law matters. The intimation was filed under SEBI's Listing Obligations and Disclosure Requirements on August 11, 2025.
This is a routine regulatory disclosure and a standard governance requirement. The appointment of a qualified secretarial auditor for a five-year term is a positive sign of compliance focus but is unlikely to have any material impact on the stock price or shareholder value.