True Colors, Blue Blends and Anup Engineering update secretarial auditor name
- The Anup Engineering Limited, True Colors Ltd, and Blue Blends (India) Limited notified exchanges of a secretarial auditor name change.
- The firm formerly known as M/s. ALAP & Co. LLP is now operating as M/s. Prasad and Partners LLP.
- Companies confirmed that the change is administrative only, with no impact on appointment terms, tenure, or scope.
- Disclosures were made under Regulation 30 of SEBI (LODR) Regulations, 2015, ensuring updated legal entity names on exchange records.
*this image is generated using AI for illustrative purposes only.
The Anup Engineering Limited has joined True Colors Ltd and Blue Blends (India) 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.
Nature of the Change
The modification is strictly administrative, relating solely to the rebranding or renaming of the professional services firm. All three 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.
Historical Stock Returns for True Colors
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.10% | +4.68% | -1.35% | +10.86% | -18.06% | -18.06% |
Will the rebranding of ALAP & Co. LLP to Prasad and Partners LLP impact the market perception of governance quality for the affected companies?
How might SEBI's upcoming regulatory updates on secretarial audits influence the consolidation trends among mid-tier professional services firms?
Are there indications that other listed companies currently engaged with ALAP & Co. LLP will file similar name-change intimations in the coming weeks?
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