Karnataka Bank Appoints SVJS & Associates as Secretarial Auditors for Five Years
This is a routine compliance appointment mandated by regulations and does not represent a significant strategic shift or direct financial impact on the company's operations or market position.
The appointment of a Secretarial Auditor is a standard corporate governance and regulatory compliance requirement, not indicating a positive or negative financial or operational change.
The Karnataka Bank Limited's members, at their 101st Annual General Meeting held on September 23, 2025, approved the appointment of M/s. SVJS & Associates, Practicing Company Secretaries, Bengaluru, as the Secretarial Auditors of the Bank. * This appointment is for a period of 5 consecutive years, covering the financial years 2025-26 to 2029-30. * M/s. SVJS & Associates will conduct the Secretarial Audit of the Bank and furnish the related report. * The appointment is made under Section 204 of the Companies Act, 2013, and Regulation 24A of the SEBI (LODR) Regulations, 2015. * M/s. SVJS & Associates, established in 2008, is an ISO 9001:2015 certified firm with offices in Kochi, Bengaluru, Chennai, and Mumbai, and was honored with the National Award for Best CS Firm by ICSI in 2021.
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The Karnataka Bank Limited filed this with the NSE as a statutory disclosure, categorised under 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 The Karnataka Bank Limited. Read the original for the full detail.