Sahaj Solar Limited Approves Resignation of Secretarial Auditor and Appoints New Auditors
The Board of Directors of Sahaj Solar Limited considered and approved key appointments related to the company's auditors during a meeting held on July 04, 2026. The decisions included taking note of the resignation of the previous Secretarial Auditor and approving the appointment of new professionals for both secretarial and cost auditing roles.The Board took note of the resignation of M/s Richi Prerak and Associates, Practicing Company Secretaries in Ahmedabad. The firm resigned from their duties as Secretarial Auditor for the Financial Year (FY) 2025-26, effective July 04, 2026. The company cited prior professional commitments and an increased volume of other ongoing assignments as the reason for the resignation.
In response to this change and in line with Audit Committee recommendations, the Board appointed M/s ALAP & Co. LLP as the new Secretarial Auditor for FY 2025-26. This decision ensures continuity in corporate governance matters.
The appointment of a Cost Auditor was also approved by the Board based on the recommendation of the Audit Committee. M/s Mayur Chhaganbhai Undhad and Co. was appointed as the Company's Cost Auditor for FY 2026-27.
Details of Appointed Auditors
The appointments and resignations, along with professional profiles, are detailed below:Secretarial Auditor Appointment
M/s ALAP & Co. LLP has been appointed as the Secretarial Auditor. The firm, led by Mr Anand Lavingia and Ms Ankita Patel, is a professional services and corporate advisory firm specializing in Corporate Laws, Listings and Capital Markets, Corporate Governance issues, Legal matters, and Corporate Restructuring.| Detail | Information |
|---|---|
| Auditor Firm | M/s ALAP & Co. LLP |
| Appointment Date | July 04, 2026 |
| Term | FY 2025-26 |
Cost Auditor Appointment
M/s Mayur Chhaganbhai Undhad and Co., has been appointed as the Cost Auditor. The firm is a Certified Practicing Cost Accountant with over nine years of experience in the industry, offering comprehensive services.| Detail | Information |
|---|---|
| Auditor Firm | M/s Mayur Chhaganbhai Undhad and Co. |
| Appointment Date | July 04, 2026 |
| Term | FY 2026-27 |
M/s Mayur Chhaganbhai Undhad and Co. offers services including Costing & Assurance Service as per the Companies (Cost Records and Audit) Rules, 2014, and Other Value Added Services, such as Cost Working for Anti-Dumping at National and International levels.
SAHAJSOLAR Stock Price Movement
On Friday, Sahaj Solar Limited shares slipped by 1.30% to close at ₹132.55, shedding ₹1.75 from the previous day's closing price. The stock saw a traded volume of 4,000 shares during the session.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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