Syschem board swaps top director roles, auditor exits citing certificate expiry
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Syschem (India) board approved changes on 1 Sept 2026. Statutory auditor M/s STAV and Co resigned from 31 Aug 2026 as its Peer Review Certificate expired. M/s Bansal Vijay and Associates (FRN 014930N) takes over at about Rs 2.5 lakh per annum fee, pending shareholder approval. Mr Suninder Veer Singh and Mr Ranjan Jain swap roles, becoming Managing Director and Whole-Time Director respectively from 30 Sept 2026 for 5 years, with pay up to Rs 7 lakh per month for 3 years. 33rd AGM on 30 Sept 2026.
Routine housekeeping. Auditor exit was procedural due to certificate lapse, no governance red flags. Director role swap maintains management continuity ahead of AGM.