TGB Banquets And Hotels Limited has informed the Exchange regarding Appointment of M/s. Labadiya & Mehta as Other of the company w.e.f. May 26, 2025.
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TGB Banquets And Hotels Limited has informed the stock exchange about the appointment of M/s. Labadiya & Mehta as 'Other' of the company, effective from May 26, 2025. M/s. Labadiya & Mehta is a professional firm, and 'Other' category typically refers to roles like internal auditor, secretarial auditor, or tax auditor. The company has not specified the exact nature of the role in the headline. No financial impact, valuation change, or change in management control is associated with this appointment.
This is a routine compliance-related appointment of a professional firm and is unlikely to have any material impact on shareholders or the stock price. Investors may wait for further clarification on the exact nature of the role.