New Secretarial Auditor Appointed for Five Years

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AI summary

Signet Industries has appointed M/s Shilpesh Dalal and Co. as its new Secretarial Auditor for five consecutive years, from FY2026-27 to FY2030-31, replacing M/s M. Maheshwari and Associates. The change follows recent SEBI amendments to Regulation 24A and was recommended by the Audit Committee and approved by the Board on September 5, 2026, subject to shareholder approval at the upcoming AGM. The new firm has over 25 years of experience in company secretarial and corporate governance work and is based in Indore.

Likely market impact

Routine regulatory auditor rotation with no material financial impact. Appointment pending shareholder approval at AGM.