Sinnar Bidi Udyog Board Approves AGM, Auditors, and Fine Payment
Sinnar Bidi Udyog Ltd's Board of Directors convened on August 26, 2026, approving key matters including the Board's Report for FY 2025-26, appointment of M/s Ratan Chandak & Co as Internal Auditors and M/s JHR & Associates as Secretarial Auditors for FY 2026-27. The 52nd Annual General Meeting is scheduled for September 23, 2026, via VC/OAVM, with book closure from September 17-23, 2026, and a record date of September 17, 2026. The Board also noted and approved the payment of a ₹38,940 fine levied by BSE for a delay in appointing a Company Secretary and Compliance Officer. The vacancy, which occurred from February 15 to June 15, 2026, was attributed to challenges in finding a suitable candidate and a declined offer, with the position eventually filled on June 16, 2026.
Key Highlights
- Board approved FY26 Board Report and AGM notice.
- Internal and Secretarial Auditors appointed for FY27.
- 52nd AGM scheduled for September 23, 2026.
- Company to pay ₹38,940 fine for Company Secretary vacancy delay.
- Reconstitution of Audit and Remuneration Committees noted.
Price Impact
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