Appointment of Secretarial Auditor for the period of 5 years
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Yunik Managing Advisors Ltd (BSE: 533149) held a board meeting on May 15, 2026 approving multiple items. The company reported audited standalone financial results for Q4 and FY26 ended March 31, 2026. Total income for FY26 was Rs. 11.35 Lakhs, a significant jump from Rs. 3.85 Lakhs in FY25. However, the company posted a net loss of Rs. 25.41 Lakhs compared to a loss of Rs. 0.52 Lakhs in the previous year, with negative other equity of Rs. 1418.55 Lakhs. The auditors issued an unmodified opinion on the financial statements. The board approved appointment of M/s. SVP & Associates as Secretarial Auditor for 5 years (FY26-27 to FY30-31) and M/s. Sushil Vyas & Associates as Internal Auditor for FY26-27. Two additional directors - Mr. Pankaj Kumar Maskara and Mr. Kalpesh Virji Dedhiya - were appointed as Non-Executive Non-Independent Directors, subject to shareholder approval. Ms. Prachi Vichare was appointed as Company Secretary and Compliance Officer. The company also shifted its books of accounts location from Essar House to Jolly Maker Chambers in Mumbai.
The company is loss-making with deteriorating financials, but the appointment of new directors and compliance personnel suggests efforts to strengthen governance. The large negative equity position and increased losses may concern investors, while the auditor appointments are routine compliance matters.