Announced Mon, 7 Apr · 11:37 IST

APPOINTMENT OF SECRETARIAL AND INTERNAL AUDITOR

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Valley Magnesite Company Ltd has appointed Mr. Anand Khandelia, a Practicing Company Secretary (CP No: S841) based in Kolkata, as the Secretarial Auditor for FY 2024-25. The Board also appointed M/s ALPS & Co., Chartered Accountants (FRN: 313132), as the Internal Auditor for FY 2025-26. Both appointments were approved at the Board meeting held on April 7, 2025, at the company's registered office in Kolkata. The Internal Auditor is a peer-reviewed firm led by CA Ashok Kumar Khetawat, with expertise in risk-based internal audit, due diligence, and internal financial controls. This is a routine compliance filing under SEBI's Listing Obligations and Disclosure Requirements (Regulation 30).

Likely market impact

This is a routine regulatory appointment and should not have any material impact on shareholders or stock price. It reflects standard corporate governance compliance rather than any structural change.