BSEMipco Seamless Rings Gujarat LtdMediumNeutral
Announced Thu, 4 Sept · 18:23 IST

The Board of Directors of the Company at their meeting held on 04th September 2025 has inter-alia, considered and approved the following: 1. Appointment of M/s. Bijan Ghosh & Associates, ....

Auditor Resigned MidtermManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board met on September 4, 2025 and approved several key items. M/s. Bijan Ghosh & Associates (FRN: 323214E) was appointed as the new Statutory Auditor for a 5-year term, replacing M/s. PPKG & Co. (FRN: 009655S) who resigned on September 3, 2025 (just a day before the board meeting). The board also recommended regularisation of three directors at the upcoming AGM: Mrs. Nikitha Sarda and Mr. Somnath Dasgupta as Independent Directors, and Mr. Vikky Jain as Whole-Time Director, all for 5-year terms. The 45th Annual General Meeting was scheduled for September 27, 2025, and Mrs. Rashida Hatim Adenwala was appointed as Scrutinizer for the voting process.

Likely market impact

Shareholders should note the sudden change of statutory auditor just before the AGM, which may raise governance questions. The board is also expanding with three director regularisations pending shareholder approval at the AGM on September 27, 2025.