VITALNSEVital Chemtech LimitedMediumNeutral
Announced Tue, 24 Mar · 15:54 IST

Vital Chemtech Limited has informed the Exchange regarding Appointment of M/s. SCS and Co. LLP as Secretarial Auditor of the company w.e.f. April 01, 2025.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹37.15
prior close
₹38.65
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AI summary

The Board of Directors of Vital Chemtech Limited, at its meeting held on March 24, 2026, approved two key appointments. M/s Ravi V. Patel & Co., Chartered Accountants (FRN: 134309W), has been appointed as the Internal Auditor for FY 2025-26, based on the recommendation of the Audit Committee. Additionally, M/s SCS and Co. LLP, Practicing Company Secretaries (FRN: L2020GJ008700), has been appointed as the Secretarial Auditor for five consecutive financial years, from FY 2025-26 to FY 2029-30, subject to shareholder approval via a Postal Ballot. The Board also approved the Postal Ballot Notice, appointed NSDL as the e-voting agency, and appointed M/s Mittal V. Kothari & Associates as the Scrutinizer for the postal ballot process. The meeting ran from 3:00 PM to 3:30 PM IST.

Likely market impact

These are routine corporate governance appointments and are unlikely to have a material impact on the stock price. The multi-year secretarial auditor appointment signals continuity in compliance oversight, while the postal ballot will allow shareholders to formally approve the appointment.