Sunflag Iron And Steel Company Limited has informed the Exchange regarding Resignation of Ms Mukesh Parakh & Associates , PCS as Secretarial Auditor of the company w.e.f. Jun 03, 2025.
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Sunflag Iron and Steel Company has informed the stock exchanges that M/s. Mukesh Parakh & Associates, Practicing Company Secretaries based in Nagpur, has resigned as the Secretarial Auditor of the company effective June 3, 2025. The firm was responsible for issuing the Secretarial Audit Report (Form MR-3) for FY 2024-25 ended March 31, 2025. The resignation was submitted citing personal reasons. The company has disclosed this under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. No replacement has been announced yet in this filing.
This is a routine disclosure about the resignation of an external secretarial audit firm for personal reasons, after the close of FY 2024-25. It is unlikely to materially impact the stock price, though shareholders may await news on the appointment of a new secretarial auditor to ensure compliance continuity.