Sheetal Cool Products Limited has informed the Exchange regarding Notice of Postal Ballot
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Sheetal Cool Products Limited has issued a postal ballot notice seeking shareholder approval to appoint M/s. Pitroda Nayan & Co., Company Secretaries, as the new Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30. The proposed remuneration for FY 2025-26 is ₹2.64 lakhs (excluding taxes), which the company states is similar to what was paid to the outgoing secretarial auditor. The appointment is being made to comply with the amended SEBI Regulation 24A, which requires listed companies to have a peer-reviewed company secretary as their secretarial auditor, approved by shareholders. Voting will be conducted electronically only, from 9:00 AM on March 4, 2026, to 5:00 PM on April 2, 2026, with the cut-off date being February 20, 2026. The new auditor has no prior association with the company.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. The change in secretarial auditor is administrative in nature and the remuneration is unchanged from the previous auditor.