Appoinment of Company Secretary and Compliance Officer
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shyamkamal Investments Ltd held a board meeting on May 20, 2026, approving the appointment of Ms. Ankita Singh as Company Secretary and Compliance Officer, and M/s. A R Rathod & Associates as Internal Auditor for FY 2026-27. The company reported audited standalone financial results with total income of ₹182.94 Lakhs for FY2026, up from ₹126.41 Lakhs in FY2025. However, net profit after tax declined to ₹23.25 Lakhs from ₹50.32 Lakhs in the prior year. The statutory auditor issued a qualified opinion, citing inability to verify bank balances and concerns over reclassification of equity investments from FVTPL to FVTOCI category, which inflated reported profits by ₹72.17 Lakhs. Without this reclassification, the company would have reported a loss of ₹48.93 Lakhs. The company also raised ₹12.91 crore via preferential allotment of 12.91 crore shares at ₹10 each.
The appointment of a qualified Company Secretary strengthens compliance governance. However, the qualified audit opinion and manipulation of investment classification to show profit instead of loss raises red flags about financial transparency and may concern investors about earnings quality.