Golechha Global Finance Limited , a non-banking financial company, has recently announced significant changes to its board composition along with the approval of its unaudited financial results for the first quarter ended June 30, 2024.

Board Changes

The company's Board of Directors has approved the resignation of Mrs. Durga Ramakrishnan from her position as Non-Executive Independent Director. Mrs. Ramakrishnan's departure, attributed to preoccupation and personal commitments, is effective immediately.

In a strategic move to strengthen its leadership, Golechha Global Finance has appointed Mr. Subramanian Ramakrishnan as an Independent Director for a five-year term, subject to shareholder approval. Mr. Ramakrishnan brings a wealth of experience to the board, boasting over four decades in finance and company secretary roles. He is a member of both the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India, which should provide valuable expertise to the company's financial operations and corporate governance.

Financial Results

The Board of Directors has approved the unaudited financial results for the quarter ended June 30, 2024. While specific financial figures were not disclosed in the provided information, the company has noted that these results have been subject to a limited review by the statutory auditor.

Annual General Meeting

Golechha Global Finance Limited has also announced its upcoming 34th Annual General Meeting (AGM), scheduled for Friday, September 26, 2025, at 11:00 AM. In line with ongoing trends, the AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), allowing shareholders to participate remotely.

Key dates related to the AGM include:

• Cut-off date for e-voting eligibility: Friday, September 19, 2025
• Remote e-voting period: From Tuesday, September 23, 2025 (9:00 AM) to Thursday, September 25, 2025 (5:00 PM)
• Book closure: From Saturday, September 20, 2025, to Friday, September 26, 2025 (both days inclusive)

Auditor Appointment

The company is set to appoint M/s. V. Goyal & Associates, Chartered Accountants, as the new Statutory Auditors for a period of 5 years, subject to shareholder approval at the AGM. This appointment comes as the term of the current auditors, M/s. B D S & CO, is set to expire.

Secretarial Auditor Appointment

Golechha Global Finance has also proposed the appointment of M/s. Disha Dugar Jhunjhunwala as Secretarial Auditors for a term of up to 5 consecutive years, pending shareholder approval at the AGM.

These developments signify Golechha Global Finance Limited's commitment to maintaining strong corporate governance and ensuring compliance with regulatory requirements. The company continues to adapt its operations and leadership structure to meet the evolving needs of the financial services sector.

Golechha Global Finance Limited has announced significant changes in its auditing structure following a board meeting held on August 19, 2025. The company's Board of Directors has made key decisions that will be presented for shareholder approval at the upcoming 34th Annual General Meeting (AGM).

New Statutory Auditor Recommendation

The board has recommended the appointment of V. Goyal & Associates, Chartered Accountants (Firm Registration No: 312136E), as the company's new statutory auditors. This recommendation comes as the current term of M/s B D S & Co., Chartered Accountants, is set to conclude at the forthcoming AGM.

V. Goyal & Associates, if approved by shareholders, will serve for a five-year term spanning from the 34th to the 39th AGM. The Kolkata-based firm, established in 1979, brings extensive experience in audit, taxation, and consultancy services, particularly in the banking, NBFC, and manufacturing sectors.

Secretarial Auditor Appointment

In addition to the statutory auditor change, the board has recommended the appointment of Disha Dugar Jhunjhunwala as the company's secretarial auditor. Jhunjhunwala, a practicing Company Secretary with over 15 years of experience, specializes in secretarial audits, corporate laws, and securities laws.

The proposed appointment is also for a five-year term, subject to shareholder approval at the upcoming AGM.

AGM Preparations

The board has approved the Directors' Report along with its annexures and the notice for convening the 34th AGM. These documents will provide shareholders with detailed information about the company's performance and the proposed changes in the auditing structure.

Board Meeting Details

The board meeting, which commenced at 3:30 PM and concluded at 4:00 PM, was presided over by Gyan Swaroop Garg, the Managing Director of Golechha Global Finance Limited.

These decisions reflect Golechha Global Finance's commitment to maintaining robust financial and secretarial audit processes. Shareholders will have the opportunity to vote on these appointments at the forthcoming AGM, ensuring continued compliance with regulatory requirements and best practices in corporate governance.