Shyam Century Ferrous Limited has informed the Exchange about General Updates
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Shyam Century Ferrous Limited has informed the stock exchanges about the appointment of M/s. MKB & Associates, a peer-reviewed firm of Practicing Company Secretaries based in Kolkata, as its new Secretarial Auditors. The appointment was approved by the Board of Directors on 21st May 2025, on the recommendation of the Audit Committee, for a first term of 5 consecutive years covering FY 2025-26 to FY 2029-30. The appointment is subject to shareholder approval at the upcoming Annual General Meeting. The firm specializes in corporate law, SEBI regulations, corporate litigation, and insolvency matters, and currently has three partners and several associates.
This is a routine governance/compliance appointment and is unlikely to have any material impact on the stock price or shareholder value. It strengthens the company's secretarial compliance framework for the next five years.