StockWatch
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Residential- Commercial Projects
Board Meeting2 Sept 2026, 06:50 pm

Vivid Mercantile Ltd Appoints New Auditors, Sets AGM Date

AI Summary

Vivid Mercantile Ltd's Board of Directors met on September 2, 2026, approving the Annual Report for FY 2025-2026. The meeting also noted the resignations of the company's Statutory Auditor, M/s. Shah Karia & Associates, and Secretarial Auditor, M/s. Neelam Somani & Associates, citing personal reasons. The Board appointed M/s P H Shah and Co. as the new Statutory Auditor and M/s Madhav Upadhyay and Associates as the new Secretarial Auditor, both for a five-year term commencing FY 2026-27, subject to member approval. The 32nd Annual General Meeting is scheduled for September 26, 2026, to be conducted via VC/OAVM. M/s Madhav Upadhyay and Associates will also serve as the Scrutinizer for the AGM.

Key Highlights

  • Annual Report for FY 2025-2026 approved.
  • Resignations of Statutory and Secretarial Auditors noted.
  • New Statutory and Secretarial Auditors appointed for five years.
  • 32nd Annual General Meeting scheduled for September 26, 2026.
  • New auditors appointment subject to member approval.