Simandhar Impex Limited has appointed M/s. Deepti Joshi & Associates as its Secretarial Auditor for the financial year 2026-27. The Board of Directors approved the appointment at its meeting held on June 30, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The appointment ensures compliance with corporate governance requirements for the upcoming fiscal year. M/s. Deepti Joshi & Associates, a firm of Practising Company Secretaries based in Nagpur, brings expertise in corporate and securities laws. The firm holds a valid Peer Review Certificate (No. 7929/2026) issued by the Institute of Company Secretaries of India (ICSI).

Appointment Details

The disclosures regarding the new auditor confirm there are no conflicts of interest within the company's leadership structure.

Firm Profile

M/s. Deepti Joshi & Associates is headed by CS Deepti Joshi, Founder and Partner, who is a Fellow Member of the ICSI. The firm specializes in secretarial audit, compliance audit, corporate governance advisory, due diligence, and certifications related to SEBI and the Companies Act. The firm has confirmed it is not related to any Director, Key Managerial Personnel, Promoter, or member of the Promoter Group of Simandhar Impex Limited.

Simandhar Impex Limited appointed an existing Executive Director as Chief Executive Officer (CEO) and Key Managerial Personnel (KMP) effective June 30, 2026, to ensure continuity in governance following the resignation of its Managing Director. The Board approved the leadership transition during its meeting held on June 30, 2026. The company stated the appointment was made in addition to the director's existing office to maintain operational stability.

The resignation of Mr. Prashant Avantilal Vora from the role of Managing Director and KMP was approved by the Board, effective from the conclusion of the same meeting. The departure follows a change in control and management of the company pursuant to a Share Purchase Agreement dated January 14, 2026, executed between the existing promoters and acquirers. The resignation was submitted in accordance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Mr. Prashant Avantilal Vora confirmed there were no material reasons for his resignation other than the specified change in control. He holds directorship in one other listed entity, Parshva Enterprises Limited, as Managing Director and is a member of the Stakeholders Relationship Committee. The company acknowledged the receipt of the resignation letter and confirmed that all necessary regulatory filings would be completed.

Resignation Details