Auditor2 Sept 2026, 07:10 pm
Vivid Mercantile Appoints Secretarial Auditor for 5 Years
AI Summary
Vivid Mercantile Ltd has announced the appointment of M/s Madhav Upadhyay and Associates as its Secretarial Auditor. This appointment is for a term of five consecutive financial years, starting from FY 2026-27 and concluding with FY 2030-31. The decision was approved by the Board of Directors at their meeting on September 02, 2026, and is pending shareholder approval at the upcoming Annual General Meeting. The Audit Committee has recommended this appointment, which complies with the Companies Act, 2013. The auditor brings extensive post-qualification experience in secretarial and legal matters, including SEBI regulations and company law.
Key Highlights
- Secretarial Auditor appointed for a five-year term.
- Appointment effective from FY 2026-27 to FY 2030-31.
- Board and Audit Committee approved the appointment.
- Shareholder approval required at the upcoming AGM.
- Auditor has significant experience in corporate compliance.
Price Impact
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