Tamilnadu PetroProducts Limited has informed the Exchange regarding 'Appointment of Secretarial Auditors'.
TNPETRO · price
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Tamilnadu PetroProducts Limited has appointed M/s. B Chandra & Associates, Practicing Company Secretaries, as its new Secretarial Auditors. The appointment is for a five-year period covering FY 2025-26 to FY 2029-30, but still needs shareholder approval at the upcoming 40th Annual General Meeting. The firm is led by CS B Chandra, who has 17 years of corporate law experience with the Ministry of Corporate Affairs, and holds a valid peer review certificate from the Institute of Company Secretaries of India. This is a regulatory compliance move disclosed under SEBI Listing Regulations, and no reason for change of auditors was indicated other than a fresh appointment.
This is a routine governance disclosure with no impact on shareholders or the stock price. It simply ensures the company meets the mandatory requirement of having a peer-reviewed secretarial auditor in place.