Resignation and Appointment of Secretarial Auditor of the Company.
TAKE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Take Solutions Ltd accepted the resignation of Mr. Ashok Ajay Kumar Bantia as Secretarial Auditor effective May 29, 2026. In his resignation letter, Bantia cited 'recent management change and the financial position of the Company' as reasons for being unable to continue at the proposed fees. He confirmed no material reasons for resignation beyond stated. The Board simultaneously appointed M/s. Hemang Satra & Associates, a peer-reviewed firm of Practicing Company Secretaries based in Mumbai, as the new Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30, subject to shareholder approval. The appointment was recommended by the Audit Committee.
The mid-term resignation of the secretarial auditor, citing management change and financial position, could raise minor governance concerns for investors, though a replacement has been promptly arranged.