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Kanoria Energy & Infrastructure Ltd. has announced that its secretarial auditor, Anil Somani & Associates, has stepped down.
Kanoria Energy & Infrastructure Ltd539620 · Filed with the exchange
The auditor cited pre-occupation with other commitments as the reason for the resignation.
This development is significant for the company's compliance framework, as a secretarial auditor plays a key role in ensuring regulatory adherence and corporate governance.
The company will now need to initiate the process of appointing a new secretarial auditor to maintain its compliance standards and fulfill statutory obligations, which is crucial for smooth operations and investor confidence in its governance.
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