S.M. Gold appoints SS Lunkad as secretarial auditor for five years
- S.M. Gold appoints M/s SS Lunkad and Associates as secretarial auditor for five years
- Appointment covers FY27 to FY31, effective April 1, 2026
- Outgoing auditor Neelam Somani and Associates resigned on September 2, 2026
- Ninth AGM scheduled for September 26, 2026 via video conferencing
*this image is generated using AI for illustrative purposes only.
S.M. Gold board appointed M/s SS Lunkad and Associates as its new secretarial auditor for five financial years, effective April 1, 2026. The appointment is subject to shareholder approval at the upcoming annual general meeting.
The board also accepted the resignation of M/s Neelam Somani and Associates as secretarial auditor, effective September 2, 2026. This change ensures continuity in compliance oversight as the outgoing firm steps down.
Key Board Decisions
The board approved the appointment based on the recommendation of the Nomination and Remuneration Committee. The new firm brings over five years of post-qualification experience in secretarial and legal matters, including exposure to SEBI regulations and FEMA.
| Appointment | Name | Tenure/Effective Date |
|---|---|---|
| Secretarial Auditor | M/s SS Lunkad and Associates | Five years (FY27-FY31) |
| Internal Auditor | Mr. Arvind Kumar | FY27 |
| Scrutinizer | M/s SS Lunkad and Associates | For 9th AGM |
Mr. Arvind Kumar was appointed as the internal auditor for the financial year 2026-27. M/s SS Lunkad and Associates was also named as the scrutinizer for e-voting at the upcoming AGM.
AGM Logistics
The company scheduled its ninth annual general meeting for September 26, 2026. The meeting will be conducted via video conferencing. E-voting for the annual general meeting will be active from September 23, 2026, at 9:00 am to September 25, 2026, at 5:00 pm. The company has complied with SEBI LODR regulations regarding these disclosures.
Historical Stock Returns for SM Gold
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.89% | +0.71% | -4.85% | -17.73% | -27.07% | -91.77% |
What specific compliance challenges or regulatory gaps might have prompted the board to replace the outgoing secretarial auditor?
How could the five-year tenure of the new secretarial auditor impact S.M. Gold's long-term governance stability and audit costs?
Will the appointment of M/s SS Lunkad and Associates as both secretarial auditor and e-voting scrutinizer raise any concerns regarding independence or conflict of interest among shareholders?
18
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
