Board Meeting28 Apr 2026, 04:24 pm
SPML Board Appoints Secretarial & Internal Auditors, Authorizes KMP
AI Summary
The Board of Directors of Speciality Medicines Ltd (SPML) met on April 28, 2026, and approved several key items. These include the appointment of M/s. Hardik Jetani & Associates as Secretarial Auditor for FY 2025-26 and M/s. Rahul Mistri and Co. as Internal Auditor for three financial years from FY 2025-26 to FY 2027-28. Additionally, the Board authorized Key Managerial Personnel (KMP) to determine the materiality of events and make disclosures to stock exchanges as per Regulation 30(5) of SEBI Listing Regulations. The Board also reviewed and acknowledged the Audit Committee's recommendations and approvals regarding related party transactions.
Key Highlights
- Board appointed M/s. Hardik Jetani & Associates as Secretarial Auditor for FY25-26.
- M/s. Rahul Mistri and Co. appointed as Internal Auditor for FY25-26 to FY27-28.
- Key Managerial Personnel authorized for materiality determination and disclosures.
- Board reviewed Audit Committee's related party transaction recommendations.
Price Impact
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