Goodricke Group Limited shareholders have approved the appointment of M/s M S K A & Associates LLP as the company’s Statutory Auditors for a term of five consecutive years, effective from July 29, 2026. The resolution was passed at the 50th Annual General Meeting (AGM), marking a transition in audit oversight as the outgoing firm completed its maximum tenure under regulatory guidelines.

The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows an intimation dated May 27, 2026. The Board of Directors had previously sought shareholder approval to replace Deloitte Haskins & Sells LLP, which concluded its second term as Statutory Auditor with effect from the conclusion of the 50th AGM.

Auditor Transition Details

The change in statutory auditors is standard procedure following the completion of a firm's tenure limit. The details of the transition are outlined below:

M/s M S K A & Associates LLP is registered with the Institute of Chartered Accountants of India (ICAI) and the US Public Company Accountancy Oversight Board (PCAOB). The firm provides audit assurance, tax, and advisory services to several large listed entities in India.

Regulatory Compliance

The company filed the intimation with BSE Limited on August 4, 2026, citing compliance with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The filing confirms that no relationships exist between the directors and the incoming auditors that would compromise independence, as required by listing regulations.

The appointment ensures continuity in statutory audit functions while adhering to the mandatory rotation policy for listed entities. The new auditors will oversee financial reporting until the conclusion of the 55th AGM.

Goodricke Group Limited shareholders unanimously approved all five ordinary resolutions at the company’s 50th Annual General Meeting (AGM) held on July 29, 2026. The vote confirms the final dividend of ₹2 per equity share for FY26 and reappoints Shaibal Dutt as director, reflecting strong stakeholder confidence in the Board’s strategic direction following the fiscal year ended March 31, 2026. The consolidated e-voting results, verified by independent scrutinizer Anjan Kumar Roy & Co., were submitted to BSE Limited on July 30, 2026, pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The meeting, conducted via Video Conference/Other Audio-Visual Means (OAVM), saw participation from 76 shareholders (two promoters and 74 public members) via video conferencing, with no physical attendees. Remote e-voting was open from July 25, 2026, at 9:00 AM IST to July 28, 2026, at 5:00 PM IST, while e-voting during the meeting remained available until 30 minutes after its conclusion at 3:50 PM IST. A total of 16,243,769 votes were polled out of 21,600,000 shares held by shareholders on the record date of July 22, 2026, representing a 75.2% turnout.

Voting Breakdown by Resolution

All resolutions passed with near-unanimous support. The promoter group, holding 15,984,000 shares, voted in favor of every item. Public non-institutional shareholders, holding 5,560,843 shares, also showed strong approval, with dissenting votes limited to a few hundred shares across specific items.

Non-Executive Chairman Stephen Charles Buckland chaired the proceedings. Managing Director and Chief Executive Officer Shaibal Dutt addressed members for his first time in this capacity, having joined in September 2025. Oliver Fleming Capon, who joined the Board as a Non-Executive Director on January 1, 2026, was also introduced. S. Mukherjee, Director (Finance) & CFO, responded to shareholder queries regarding accounts and operations.

Governance and Compliance Details

The Board appointed M/s M S K A & Associates LLP (FRN: 105047W/W101187) as the new Statutory Auditors, succeeding Deloitte Haskins & Sells LLP. The remuneration of M/s Shome & Banerjee, the Cost Auditors, was ratified for the year ending March 31, 2027. No adverse remarks were noted in the Statutory Audit Report or Secretarial Audit Report. The Scrutinizer’s Report, issued under UDIN F005684H000970109, confirmed that all procedural requirements under Section 108 of the Companies Act, 2013, and Secretarial Standard on General Meetings (SS-2) were met. Arnab Chakraborty, Company Secretary (FCS 8557), served as the compliance officer.