Manraj Housing Finance Ltd. has announced a board meeting regarding the resignation of its Secretarial Auditor, M/s Pavan Rathi & Associates, effective immediately.

The resignation is due to the auditor's ineligibility to continue for FY 2024-25, with no concerns raised about management.

The Board will consider appointing a new Secretarial Auditor in due course.

This leadership change can introduce a period of adjustment but may also lead to opportunities for enhanced governance structures.

Investors should monitor the situation, as effective auditing is crucial for maintaining trust and compliance within the company.