Pashupati Cotspin Appoints New Secretarial Auditor After Resignation
Pashupati Cotspin Limited's Board accepted the resignation of its Secretarial Auditor, SJV & Associates, effective August 14, 2026. M/s. Nisarg Sharma & Associates has been appointed as the new Secretarial Auditor for FY 2025-26 until the ensuing AGM.
The change in secretarial auditor is a standard administrative and compliance-related event, unlikely to have a material impact on the company's operations or financial performance.
The announcement details a routine change in the company's secretarial auditor due to regulatory compliance reasons. There are no significant financial or operational impacts mentioned.
Pashupati Cotspin Limited announced the outcome of its Board Meeting held on August 14, 2026. The Board accepted the resignation of M/s. SJV & Associates, Practicing Company Secretaries, as the Company's Secretarial Auditor, effective August 14, 2026. This resignation was due to the non-renewal of SJV & Associates' Peer Review Certificate, which would prevent them from complying with SEBI LODR Regulations.
To fill the resulting casual vacancy, the Board appointed M/s. Nisarg Sharma & Associates, Practicing Company Secretaries, as the new Secretarial Auditor. This appointment is for conducting the Secretarial Audit for the Financial Year 2025-26 and will remain valid until the conclusion of the Company's upcoming Annual General Meeting. The newly appointed firm is a Peer Reviewed entity with a valid certificate and offers professional services in corporate and securities laws, secretarial audit, and corporate governance.
The company also stated its intention to appoint a Secretarial Auditor for a term of five consecutive financial years (FY 2026-27 to FY 2030-31) following the upcoming AGM, subject to member approval.
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Pashupati Cotspin Limited filed this with the NSE as a statutory disclosure, categorised under board meeting. 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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