Key Developments and Appointments
The Board of Directors of Bengal & Assam Company Limited, at its meeting held on 29th May 2026 (commencing at 4:30 PM and concluding at an unspecified time), approved the following appointments based on the recommendation of the Audit Committee:
1. Interim Appointment: M/s. Ronak Jhuthawat & Co. (Firm Registration No. P2025RJ104300), Company Secretaries, were appointed as Secretarial Auditor of the Company with immediate effect from 29th May 2026 (conclusion of the Board Meeting) until the conclusion of the forthcoming Annual General Meeting (AGM). This appointment fills the casual vacancy caused by the resignation of the previous Secretarial Auditor, Shri Namo Narain Agarwal.
2. Long-term Appointment Recommendation: The Board recommended the appointment of M/s. Ronak Jhuthawat & Co. as Secretarial Auditor for a five-year term, from the conclusion of the forthcoming AGM until the Financial Year 2030-31. This would cover the Secretarial Audit for Financial Years 2026-27 to 2030-31. This appointment is subject to approval by the shareholders at the forthcoming AGM.
Auditor Profile and Consent
The Company has received the requisite consent from M/s. Ronak Jhuthawat & Co. to act as Secretarial Auditor. The firm has confirmed its eligibility under Regulation 24A of the Listing Regulations and Section 204 of the Companies Act, 2013.
M/s. Ronak Jhuthawat & Co. is described as a firm of Practicing Company Secretaries with over 13 years of experience. Their expertise spans Corporate Laws, Industrial Laws, Intellectual Property Laws, SEBI Regulations, Insolvency and Bankruptcy Laws, RBI Guidelines, Legal Due Diligence, Mergers and Acquisitions, and Listing and Capital Market Transactions. The firm has a total strength of twenty-one qualified Company Secretaries, of which three are Partners.
Financial Impact
Financial impact not quantified in the disclosure.