
Auditor1 Sept 2026, 12:35 pm
Syschem India Appoints New Auditor, Re-designates Directors
AI Summary
Syschem India Ltd announced key changes following a Board Meeting on September 1, 2026. The company approved the appointment of M/s Bansal Vijay & Associates as the new statutory auditors to fill a casual vacancy and for a five-year term, subject to shareholder approval. The resignation of the previous auditor, M/s STAV & Co, was noted due to an expired peer review certificate. Additionally, Mr. Suninder Veer Singh was re-designated as Managing Director and Mr. Ranjan Jain as Whole-Time Director, both effective September 30, 2026, pending shareholder approval. The 33rd Annual General Meeting is scheduled for September 30, 2026, via video conferencing.
Key Highlights
- New statutory auditors appointed to fill casual vacancy and for a 5-year term.
- Resignation of previous auditor noted due to expired peer review certificate.
- Suninder Veer Singh re-designated as MD; Ranjan Jain as Whole-Time Director.
- AGM scheduled for September 30, 2026, with changes subject to shareholder approval.
Price Impact
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