The Ugar Sugar Works Limited has informed the Exchange regarding 'Appointment of Secretarial Auditor'.
UGARSUGAR · price
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Ugar Sugar Works has appointed Mrs. Manasi Amey Joshi, a Practicing Company Secretary based in Sangli, Maharashtra, as its new Secretarial Auditor for a 5-year term covering financial years 2025-26 to 2029-30. This appointment is required under Section 204 of the Companies Act, 2013 and Regulation 24A of SEBI's Listing Regulations. The change was triggered because the previous secretarial auditor's 5-year term expired following an amendment to Regulation 24A of LODR dated December 13, 2024. The appointment was recommended at a Board meeting on May 12, 2025, and is subject to shareholder approval at the upcoming AGM.
This is a routine regulatory compliance event with no material impact on the business or shareholders. The previous auditor completed its full term, and the new appointment is a standard governance requirement. No signal for stock price action.