TORNTPOWERNSETorrent Power Limited· PowerHighNeutral
Announced Wed, 14 May · 17:58 IST

Torrent Power Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

TORNTPOWER · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Torrent Power's Board, at its meeting on May 14, 2025, approved the appointment of M/s. M. C. Gupta & Co., Company Secretaries (Ahmedabad) as the new Secretarial Auditor of the company. The appointment is for a term of five consecutive years, from FY 2025-26 to FY 2029-30, and is subject to shareholder approval at the next Annual General Meeting. M. C. Gupta & Co. is a peer-reviewed firm established in 1986, ranked first for the third consecutive year in an all-India survey for the highest number of secretarial audits among Gujarat-based companies in the Top 500. The disclosure is made under SEBI Listing Regulations 24A and 30 read with Schedule III.

Likely market impact

This is a routine governance-related appointment and is unlikely to have any material impact on the stock price or shareholder value. It reflects standard compliance with secretarial audit requirements under SEBI regulations.