BSESreechem Resins LtdLowNeutral
Announced Wed, 27 Aug · 17:14 IST

Revised intimation with respect to Re-appointment of Secretarial Auditor.

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sreechem Resins had originally re-appointed Mr. Navin Kothari of M/s. N K & Associates as Secretarial Auditor on May 30, 2025 for a 5-year term (FY2025 to FY2030). The company later realized that Regulation 24A of SEBI LODR does not apply to it under Regulation 15(2)(a), so a mandatory 5-year secretarial auditor appointment is not required. On August 27, 2025, the Board cancelled the earlier 5-year resolution and instead approved the re-appointment of the same auditor for just 1 financial year (FY2025-26). The revised intimation has been filed with BSE to correct the original disclosure.

Likely market impact

This is a procedural correction with no material impact on shareholders — the same auditor continues, only the term has been shortened from 5 years to 1 year to align with applicable regulations.