Key Decisions and Appointments

1. Statutory Auditor Appointment

  • The existing Statutory Auditors, S.R. Batliboi & Associates LLP, Chartered Accountants, will complete their current term upon conclusion of the 19th Annual General Meeting proposed to be held on or before December 31, 2026.
  • The Board of Directors, based on the recommendation of the Audit Committee, has approved and recommended to shareholders the appointment of M/s. Price Waterhouse Chartered Accountants LLP (Firm Registration No. 012754N/N500016) as Statutory Auditors.
  • Proposed term: 5 consecutive years from FY 2026-27 to FY 2030-31, commencing from conclusion of the 19th AGM until conclusion of the 24th AGM.
  • Appointment is subject to shareholder approval at the ensuing Annual General Meeting.

Profile of Price Waterhouse Chartered Accountants LLP:

  • Firm established in 1991, converted to limited liability partnership in 2014
  • Has 9 branch offices across India
  • Member firm of Price Waterhouse & Affiliates network (Network Registration No. NRN/E/14)
  • Has more than 110 Assurance Partners as of April 1, 2025
  • Holds valid peer review certificate and audits various listed companies in India

2. Secretarial Auditor Appointment

  • Board approved and recommended appointment of CS Naresh Verma (FCS: 5403, CP No.: 4424), Proprietor of M/s Naresh Verma & Associates (Peer Review Certificate no. 3266/2023), as Secretarial Auditor.
  • Proposed term: First term of 5 consecutive years from FY 2026-2027 to 2030-31
  • Date of appointment: October 26, 2026, subject to shareholder approval at the ensuing AGM

Profile of CS Naresh Verma:

  • Fellow Member of the Institute of Company Secretaries of India
  • Experienced Insolvency Professional with over 25 years of experience
  • Expertise in corporate laws, restructuring, and corporate advisory services
  • Law Graduate from Delhi University
  • Member of ICSI IIP
  • Running his practicing firm for 25 years

3. Articles of Association Modification

  • Board approved alteration/modification and ratification of Articles of Association
  • Amendment involves deletion of Part B of Articles of Association pursuant to equity listing on stock exchanges
  • Certain additions/deletions were carried out in Part A of Articles of Association
  • Changes subject to shareholder approval and receipt of required regulatory/statutory approvals

Additional Information

  • The detailed disclosures are provided in Annexure A, B, and C attached to the filing
  • The information will be available on company website: https://www.acevector.com/results