<h1>Bhavik Enterprises Ltd Board Approves Audit Report and Recommends JPS & Associates as Secretarial Auditors for Five Years</h1>
The board of directors of Bhavik Enterprises Ltd reviewed several operational matters during a meeting held on July 23, 2026. Key decisions included the approval of the company's financial reporting for the last fiscal year and a recommendation for the extended appointment of a secretarial auditing firm.
During the Board Meeting, the company considered and approved the Secretarial Audit Report for Fiscal Year (FY) 2025-26, which was received from M/s JPS & Associates, a practicing Company Secretaries Firm based in Jaipur. Additionally, the board sanctioned the Board Report along with necessary Annexures pertaining to the financial year ending March 31, 2026.
A significant outcome of the meeting was the recommendation for M/s JPS & Associates to serve as Secretarial Auditors for Bhavik Enterprises Ltd. The firm's appointment is recommended for five consecutive Financial years, spanning from FY 2026-27 to FY 2030-31, pending approval by shareholders at the ensuing Annual General Meeting (AGM).
The following table details the appointment and background of M/s JPS & Associates:
| Particulars | Details |
|---|---|
| Name of Secretarial Auditor | M/s JPS & Associates Company Secretaries (Peer Review Certificate No.: 2779/2022) |
| Tenure and Scope | Appointment for five consecutive Financial years, from FY 2026-27 to FY 2030-31. |
| Experience Profile | The firm has over 21 years of expertise in Company Law and Secretarial Compliance, offering services including corporate consultancy, audits (Secretarial, Internal, Compliance), certifications, and representation before judicial forums. Their clientele includes public and private sector banks, listed companies, capital market intermediaries, and HNIs. |
| Address | #203, 2nd Floor, Venkateshwara Tower, B-13, Central Spine, Vidhyadhar Nagar Jaipur, Rajasthan - 302039. |
In addition to these approvals, the agenda item concerning the convening of the Annual General Meeting was deferred and will be addressed at the next Board Meeting.
Stock Price Movement
Bhavik Enterprises Ltd. shares settled on Tuesday, closing 3.0% lower at ₹145.50. During the trading session, the shares tested a range spanning from a low of ₹145.10 to an intraday high of ₹145.50.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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