True Colors, Blue Blends, Anup Engineering and D.P. Abhushan update auditor name
- Four listed companies notified exchanges of secretarial auditor name change
- Firm renamed from M/s. ALAP & Co. LLP to M/s. Prasad and Partners LLP
- D.P. Abhushan cited Board Meeting outcome of September 3, 2025
- Administrative change only; tenure and scope remain unchanged
*this image is generated using AI for illustrative purposes only.
The Anup Engineering Limited has joined True Colors Ltd, Blue Blends (India) Limited, and D.P. Abhushan Limited in notifying stock exchanges of a change in the name of their appointed secretarial audit firm. The firm previously known as M/s. ALAP & Co. LLP is now operating as M/s. Prasad and Partners LLP.
These intimations were filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. True Colors clarified that this update follows an earlier appointment made on August 17, 2026, for a five-year term spanning FY27 to FY31. Blue Blends referenced an earlier intimation dated May 21, 2026, regarding the appointment of the same firm for FY26. Anup Engineering cited an earlier intimation dated May 13, 2025, regarding the appointment of the firm for five consecutive years from FY26 to FY30. D.P. Abhushan Limited referenced its earlier intimation regarding the outcome of the Board Meeting held on September 3, 2025, concerning the appointment of M/s. ALAP & Co. LLP for a term of five consecutive financial years commencing from FY26.
Nature of the Change
The modification is strictly administrative, relating solely to the rebranding or renaming of the professional services firm. All four companies explicitly stated that there is no alteration to the terms of appointment, the tenure of the engagement, or the scope of work assigned to the auditor.
| Particulars | Details |
|---|---|
| Existing Name | M/s. ALAP & Co. LLP |
| New Name | M/s. Prasad and Partners LLP |
| Nature of Change | Name change only |
| Terms of Appointment | Unchanged |
| Tenure | Unchanged |
Regulatory Compliance
The disclosures ensure that exchange records reflect the current legal entity name of the appointed secretarial auditor. Javanika Gandharva, Company Secretary and Compliance Officer, signed the communication on behalf of True Colors Ltd, requesting the exchange to update its records accordingly.
For Blue Blends (India) Limited, Ritesh Rajkumar Chokhani, CFO and Whole-time Director, signed the letter dated September 24, 2026, addressed to both Bombay Stock Exchange Limited and National Stock Exchange Limited. The company requested the exchanges to take the information on record and update the auditor's name in their records.
Similarly, Lay Desai, Company Secretary of The Anup Engineering Limited, signed the intimation dated September 24, 2026, addressed to BSE Limited and National Stock Exchange of India Limited. The company requested the exchanges to update the name of the secretarial auditor in their records.
D.P. Abhushan Limited also filed its intimation on September 24, 2026. Santosh Kataria, Chairman and Managing Director, signed the communication to BSE Limited and National Stock Exchange of India Limited, requesting them to update the name of the Secretarial Auditor in their records.
Historical Stock Returns for True Colors
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.40% | -3.87% | -2.34% | -18.78% | -24.86% | -21.33% |
How might the rebranding of ALAP & Co. LLP to Prasad and Partners LLP influence its competitive positioning and client acquisition strategy in the secretarial audit market?
Will the name change trigger any additional regulatory scrutiny or re-verification processes by SEBI or stock exchanges regarding the firm's existing compliance records?
Could the consolidation or renaming of professional firms like Prasad and Partners LLP signal broader industry trends toward mergers and acquisitions among mid-tier audit houses in India?
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