URBANCOBSEUrban Company LtdLowNeutral
Announced Fri, 8 May · 16:58 IST

Appointment of M/s. DPV & Associates LLP, Practicing Company Secretaries as the Secretarial Auditors of the Company

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-10.4%1-day move
₹137.80
prior close
₹132.40
base price
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AI summary

Urban Company Limited has announced the appointment of M/s. DPV & Associates LLP, Practicing Company Secretaries, as its Secretarial Auditors for a term of 5 consecutive years (FY 2026-27 to FY 2030-31). The appointment was approved by the Board of Directors based on the recommendation of the Audit Committee, and is subject to shareholder approval at the ensuing 12th AGM. The firm, led by CS Devesh Vasisht who has over 18 years of experience, specialises in secretarial audits, corporate governance, IPO advisory, and SEBI compliance matters.

Likely market impact

This is a routine governance appointment with no material impact on shareholders. The appointment of a new secretarial auditor does not signal any change in financial health or business operations of the company.