Change in Director / Key Managerial Personnel
Not applicable - This disclosure concerns the appointment of a Secretarial Auditor, not a Director or KMP.
Key Financial or Operational Approvals
Board Approval for Secretarial Auditor Appointment:
- The Board of Directors of Signet Industries Limited, based on the recommendation of the Audit Committee, approved the appointment of a new Secretarial Auditor at its meeting held on September 5, 2026.
- The Board approved the appointment of M/s Shilpesh Dalal & Co. (Firm U.C.N. S2001MP041200), a proprietorship firm of Company Secretaries, as the Secretarial Auditor of the Company.
- The appointment is for a period of five consecutive financial years, commencing from the financial year 2026-27 and lasting until the financial year 2030-31.
- This approval is subject to the ratification by shareholders at the ensuing Annual General Meeting (AGM).
Resignation of Previous Auditor:
- The appointment follows the resignation of the previous Secretarial Auditor, M/s M. Maheshwari & Associates.
Strategic or Business Context
No forward-looking business commentary, outlook, or strategic context was provided in this specific disclosure.
Any Other Material Information
Regulatory Compliance:
- This announcement is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- It specifically references compliance with recent amendments to Regulation 24A of the SEBI LODR Regulations.
- The disclosure is also made in accordance with SEBI Master Circular No. SEBI/HO/CFD/CFD/PoD2/P/0155 dated 11th November, 2024.
Profile of the Appointed Firm:
- M/s Shilpesh Dalal & Co. has been in practice since September 2001, giving it over 25 years of professional standing.
- The firm is based in Indore, Madhya Pradesh.
- Its areas of expertise include:
- The Companies Act
- Secretarial Audit
- SEBI and Stock Exchange compliances
- IPO-related compliances
- Representation before the National Company Law Tribunal (NCLT)
- The firm is described as an independent professional consultancy with wide-ranging exposure to company secretarial functions and corporate governance.
- It is supported by qualified staff with experience across Company Law, SEBI, and Stock Exchange matters.
Company Details:
- Scrip Symbol / Code: BSE: 512131, NSE: SIGIND, ISIN: INE529F01035
- Date of Disclosure: September 5, 2026
- Corporate Office: Plot no. 99, Smart Industrial Park, Near NATRIP, Pithampur, Dhar-454775