Shah Metacorp Board Approves New Auditors & Sets AGM Date for Sep 30, 2026
Shah Metacorp appointed M/s. Shivam Soni & Co. as Statutory Auditors and M/s. Murtuza Mandorwala & Associates as Secretarial Auditors for five years, subject to shareholder approval. The 27th AGM is scheduled for September 30, 2026, with a record date of September 23, 2026.
The appointment of auditors and the scheduling of an AGM are standard corporate governance procedures and are unlikely to have a significant immediate impact on the company's operations or stock price.
The announcement details routine corporate actions like auditor appointments and AGM scheduling, which do not inherently suggest a positive or negative financial outlook for the company.
Shah Metacorp Limited announced that its Board of Directors, in a meeting held on August 31, 2026, approved the appointment of M/s. Shivam Soni & Co., Chartered Accountants, as the new Statutory Auditors for a period of five consecutive years, from FY 2026-27 to FY 2030-31. This appointment is subject to shareholder approval at the upcoming Annual General Meeting (AGM) and will commence from the conclusion of the 27th AGM until the conclusion of the 32nd AGM. The current auditors, Ashok Dhariwal & Co., will complete their term at the conclusion of the 27th AGM.
Additionally, the Board approved the appointment of M/s. Murtuza Mandorwala & Associates, Practicing Company Secretaries, as the Secretarial Auditors for a term of five consecutive years, also commencing from FY 2026-27 until FY 2030-31, pending shareholder approval at the ensuing AGM. The 27th Annual General Meeting is scheduled to be held on Wednesday, September 30, 2026, through video conferencing. The Record Date for determining eligibility to attend and vote at the AGM has been fixed as Wednesday, September 23, 2026. The remote e-voting period will be from Saturday, September 26, 2026, at 9:00 AM IST, to Tuesday, September 29, 2026, at 5:00 PM IST. The Board also approved the Notice and Directors Report for the 27th AGM and the appointment of a scrutinizer for the e-voting process. The Board meeting commenced at 5:00 p.m. and concluded at 6:15 p.m.
A plain-language summary of a public exchange filing by Shah Metacorp Limited. Read the original for the full detail.