Hitech Corp Appoints New Company Secretary for Delisting Due Diligence
Hitech Corporation Limited appointed Mrs. Prerana Jadhav as Peer Review Practicing Company Secretary on June 4, 2026. She will conduct due diligence for the company's voluntary delisting proposal and perform an audit as per SEBI regulations. This follows the unavailability of the previously appointed firm.
This is a procedural change regarding the appointment of a company secretary for a delisting process. While necessary for compliance, it does not directly impact the company's ongoing operations or financial results in the short term.
The announcement concerns a change in a service provider for a regulatory process, which is a procedural update. It does not inherently indicate a positive or negative development for the company's core business or financial performance.
Hitech Corporation Limited has announced a revision in the appointment of a Peer Review Company Secretary for conducting due diligence related to its voluntary delisting proposal. Initially, M/s. Robert Pavrey & Associates LLP was appointed on May 28, 2026, to conduct due diligence under SEBI (Delisting of Equity Shares) Regulations, 2021, and an audit as per SEBI (Depositories and Participants) Regulations, 2018.
However, M/s. Robert Pavrey & Associates LLP communicated their unavailability for the assignment. Consequently, the Board of Directors, through a circular resolution passed on June 4, 2026, has appointed Mrs. Prerana Jadhav, a Peer Review Practicing Company Secretary, to undertake the required due diligence and audit. This appointment is crucial for ensuring uninterrupted progress of the delisting process and compliance with statutory timelines.
What to do with a filing like this
Hitech Corporation Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Hitech Corporation Limited. Read the original for the full detail.