The secretarial auditor resigned due to pre-occupation
Awaiting price reaction for this filing.
Viaan Industries Ltd (recently renamed to Redmax Footwears Limited) has informed the stock exchange that its Secretarial Auditor, M/s Vasisht & Associates (led by Shobhit Vasisht), has resigned with immediate effect from August 28, 2025. The auditor cited pre-occupation with other professional commitments as the reason and confirmed there are no material concerns about the company's management. The auditor had been appointed for FY 2024-25 under Section 204 of the Companies Act, 2013. The company stated a new Secretarial Auditor will be appointed at the upcoming Annual General Meeting. The filing also notes that the company's name change from Viaan Industries to Redmax Footwears is still being updated with the stock exchange.
The exit appears routine with no governance red flags raised, but it means the company is without a Secretarial Auditor until the next AGM. Shareholders should watch for the appointment of a replacement and any delays, as the Secretarial Auditor plays a key role in regulatory compliance.