Palm Jewels accepts secretarial auditor resignation effective Sep 4

0 min read | Published on 04 Sept 2026, 04:15 PM |Updated on 05 Sept 2026, 12:58 AM

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Naman SScanX News Team

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Key Highlights

Palm Jewels accepts resignation of secretarial auditor M/s Neelam Somani & Associates
Resignation effective September 4, 2026, due to personal reasons
No adverse remarks on financial or operational affairs noted by the firm
Board to appoint new auditor following Audit Committee recommendation

*this image is generated using AI for illustrative purposes only.

Palm Jewels Limited’s board accepted the resignation of M/s Neelam Somani & Associates as its secretarial auditor on September 4, 2026. The firm stepped down with immediate effect citing personal reasons.

The company confirmed there are no material reasons for the resignation other than those stated in the letter. There are no adverse remarks or observations bearing on the financial or operational affairs of the company.

Resignation Details

M/s Neelam Somani & Associates, Company Secretaries in Practice (Membership No. 10993; Certificate of Practice No. 12454), tendered their resignation vide letter dated September 4, 2026. The cessation is effective from September 4, 2026.

The Board of Directors, upon recommendation of the Audit Committee, will consider and appoint a new Secretarial Auditor in due course. The appointment will be intimated to the Stock Exchange(s) in accordance with applicable provisions of the SEBI Listing Regulations.

Regulatory Disclosure

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A of Schedule III thereto. It also references SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, as amended.

Historical Stock Returns for Palm Jewels

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+9.56%	+21.29%	+31.23%	+38.22%	-9.96%	-16.48%

How quickly is Palm Jewels expected to appoint a new Secretarial Auditor to ensure compliance with upcoming regulatory filings?

Could the departure of Neelam Somani & Associates signal any underlying governance issues despite the company's denial of material reasons?

What impact might this change in secretarial oversight have on investor confidence and the company's stock price in the short term?

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Palm Jewels appoints Ayushi Sahu as Company Secretary

1 min read | Published on 01 Sept 2026, 06:16 PM |Updated on 01 Sept 2026, 06:34 PM

Reviewed by

Anirudha BScanX News Team

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Key Highlights

Palm Jewels appoints Ayushi Sahu as Company Secretary and Compliance Officer effective September 1, 2026.
Ms. Sahu is an Associate member of the Institute of Company Secretaries of India (Membership No. A68810).
The Board approved the appointment during a meeting in Ahmedabad on September 1, 2026.
Rohit Dalpatbhai Shah, Managing Director, filed the disclosure with BSE Limited.

*this image is generated using AI for illustrative purposes only.

Palm Jewels Limited appointed Ayushi Sahu as its Company Secretary and Compliance Officer effective September 1, 2026. The Board of Directors approved the appointment during a meeting held at the company’s registered office in Ahmedabad on the same day.

The meeting commenced at 4:00 pm and concluded at 5:00 pm. Rohit Dalpatbhai Shah, Managing Director, signed the disclosure filed with BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The Board considered and approved the following key matter:

Role: Company Secretary & Compliance Officer
Appointee: Ayushi Sahu (Membership No. A68810)
Effective Date: September 1, 2026

Ms. Sahu is an Associate member of the Institute of Company Secretaries of India. She possesses good knowledge of Corporate Laws and Legal Compliance Matters.

Palm Jewels stated it will intimate further details as required under Para-A of Schedule III of the SEBI Listing Regulations, read with SEBI circular dated July 13, 2023, to the stock exchange separately.