Intimation of Appointment of Company Secretary and Compliance officer of the Company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
VSF Projects' board met on 14 August 2025 and approved several items together. The company posted Q1 FY26 (quarter ended 30 June 2025) revenue from operations of nil, with total income of Rs 19.07 lakh and a net loss of Rs 3.83 lakh versus a small profit of Rs 2.58 lakh in Q1 FY25; basic EPS was Rs (0.02). Statutory auditor NSVR & Associates LLP resigned mid-term, citing time, effort and cost considerations, even though their appointment ran until the 36th AGM (2027-28). To fill the casual vacancy, the board appointed V D P & Co. Chartered Accountants until the next AGM, subject to shareholder approval. P S Rao & Associates was recommended as Secretarial Auditor for a five-year term, and P. Lenin Babu was appointed as the new Company Secretary and Compliance Officer (Key Managerial Personnel). The board also cleared the Directors' Report and notice for the 33rd AGM.
The mid-term exit of the statutory auditor after just two years, combined with continued zero operating revenue and a return to loss, is a negative signal for shareholders and may weigh on the stock. New auditor and Company Secretary appointments need shareholder nod at the upcoming AGM, so investors should watch that vote closely.