NewsKisan Mouldings Limited Announces Resignation of Secretarial Auditor M/s Nidhi Bajaj & AssociatesKisan Mouldings Limited Announces Resignation of Secretarial Auditor M/s Nidhi Bajaj & Associates
Kisan Mouldings Limited announced the resignation of secretarial auditor M/s Nidhi Bajaj & Associates effective April 29, 2026, due to pre-occupation with other assignments. The company will appoint new secretarial auditors through its Audit Committee and Board in due course. The announcement was made in compliance with SEBI regulations and communicated to BSE Limited on April 30, 2026.
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Kisan Mouldings Limited has announced the resignation of its secretarial auditor M/s Nidhi Bajaj & Associates, Practicing Company Secretaries, effective April 29, 2026. The company informed BSE Limited about this development through a regulatory filing dated April 30, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Resignation Details
The secretarial auditor tendered their resignation through a formal letter dated April 29, 2026, citing pre-occupation with other assignments as the primary reason for stepping down. The resignation was communicated to the Board of Directors of Kisan Mouldings Limited in accordance with standard corporate governance procedures.
| Parameter | Details |
|---|---|
| Auditor Name | M/s. Nidhi Bajaj & Associates, Practicing Company Secretaries |
| Resignation Date | April 29, 2026 |
| Reason | Pre-occupation with other assignments |
| Effective Date | April 29, 2026 |
Company's Response
Kisan Mouldings Limited has indicated that its Audit Committee and Board will consider the appointment of new secretarial auditors in due course. The company has committed to informing the stock exchange about the new appointment once the selection process is completed.
Regulatory Compliance
The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A of Schedule III to the said Regulations. The disclosure also references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
About the Resigning Auditor
M/s Nidhi Bajaj & Associates is a practicing company secretaries firm led by proprietor Nidhi Bajaj, who holds ACS membership number 28907 and Certificate of Practice number 14596. The firm is based in Bhayander (West), Thane, and has been providing secretarial audit services to various companies.
The resignation letter expressed appreciation for the trust and cooperation extended by the management of Kisan Mouldings Limited, noting that it had been a privilege to be associated with the company. The firm requested the company to complete all necessary formalities regarding the transition.
Historical Stock Returns for Kisan Mouldings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.11% | +11.44% | +34.79% | +43.61% | -8.25% | +164.95% |
How might the transition period without a secretarial auditor impact Kisan Mouldings' compliance with upcoming regulatory deadlines?
Will the company face any challenges in finding a replacement auditor given the current market demand for secretarial audit services?
Could this auditor change signal potential shifts in Kisan Mouldings' corporate governance practices or audit requirements?
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