Tamil Nadu Newsprint & Papers Limited has informed the Exchange about General Updates
TNPL · price
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Awaiting price reaction for this filing.
TNPL has filed a clarification with the stock exchanges to correct a clerical/typographical error in its earlier disclosure about a board meeting held on 21 March 2025. The original outcome related to the re-appointment of M/s B. Thiagarajan & Co., Chartered Accountants, as External Internal Auditors for the financial year 2025-26. The re-appointment was approved under Section 138 of the Companies Act, 2013, and SEBI LODR Regulations. The total annual audit fee is Rs. 19.50 lakh (Rs. 12.75 lakh for Unit-I and Rs. 6.75 lakh for Unit-II) plus applicable taxes. The lead auditor is Mr. Ram Srinivasan (Membership No. 220112), and the firm has been operating from Chennai since 1975. TNPL has stated that the error was inadvertent and unintentional, with no change to the substance of the original decision.
This is a routine administrative correction and does not change the actual substance of the original board decision. There is no material impact on shareholders, financials, or the stock price — the auditor re-appointment and fee terms remain the same as previously disclosed.