
Auditor20 Aug 2026, 06:30 pm
Prag Bosimi Appoints New Secretarial Auditor After Demise of Predecessor
AI Summary
Prag Bosimi Synthetics Ltd announced the sad demise of its Secretarial Auditor, Late Mr. Ashok Patel of M/s. Ashok Patel and Associates, on August 16, 2026. This created a casual vacancy. The Board of Directors, upon recommendation from the Audit Committee, has appointed Mrs. Gayatri Vaibhav Phatak of M/s. G.S. Bhide & Associates as the new Secretarial Auditor. The appointment is effective from August 20, 2026, until the ensuing AGM and is for a term of five consecutive years commencing audit period from FY 2026-27 till FY 2030-2031, subject to shareholder approval. M/s. G.S. Bhide and Associates is a peer-reviewed firm with over 10 years of experience in corporate laws and SEBI regulations.
Key Highlights
- Secretarial Auditor, Late Mr. Ashok Patel, passed away on August 16, 2026.
- Casual vacancy filled by appointing Mrs. Gayatri Vaibhav Phatak of M/s. G.S. Bhide & Associates.
- New auditor appointed effective August 20, 2026, until the ensuing AGM.
- Appointment is for five consecutive years, FY 2026-27 to FY 2030-2031.
- Shareholder approval required at the upcoming Annual General Meeting.
Price Impact
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