WABAGNSEVA Tech Wabag Limited· EngineeringMediumNeutral
Announced Wed, 21 May · 18:03 IST

Appointment of M/s M. Damodaran & Associates LLP, Practicing Company Secretaries, Chennai (FRN: L2019TN006000) as the Secretarial Auditors of the Company, as per the recommendation of the Audit Committee, for a period of five (5) consecutive years, to conduct secretarial audit of the Company from the FY 2025-26 till the FY 2029-30.

Management Changes View source PDF

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AI summary

The Board of VA Tech Wabag Limited, at its meeting on May 21, 2025, approved two key items. First, the 30th Annual General Meeting is scheduled for August 12, 2025 at 4:00 PM, to be held via video conferencing. Second, M/s M. Damodaran & Associates LLP, a peer-reviewed firm of practicing company secretaries based in Chennai, has been appointed as the Secretarial Auditor for five consecutive years, covering FY 2025-26 through FY 2029-30. The appointment was recommended by the Audit Committee and is subject to shareholder approval at the upcoming AGM. M. Damodaran & Associates is an ISO-certified advisory firm established in 2002, serving over 800 corporates including listed companies.

Likely market impact

This is a routine governance announcement with no material impact on the stock price or shareholders. The appointment of a reputable, long-established secretarial audit firm for a 5-year term supports continued compliance and corporate governance standards.