Bhatia Communications & Retail (India) Limited has announced the appointment of Mr. Bhaveshkumar Arjunkumar Rawal, a Practicing Company Secretary, as the Secretarial Auditor for the company for the financial year 2024-2025. This decision was made during the company’s Board meeting held on March 27, 2025, at their registered office in Surat, Gujarat. The appointment is in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which govern the appointment of auditors and secretarial auditors to ensure corporate transparency and governance.

Mr. Bhaveshkumar Arjunkumar Rawal has been appointed to oversee the secretarial audit for Bhatia Communications & Retail (India) Limited for the period commencing on April 1, 2024, and ending on March 31, 2025. The appointment is significant as the company continues to comply with regulatory requirements, ensuring adherence to corporate governance practices and maintaining transparency in all operational processes.

Profile of Bhaveshkumar Arjunkumar Rawal

Mr. Bhaveshkumar Arjunkumar Rawal is a well-respected Practicing Company Secretary with over five years of experience in providing secretarial consultancy services. His expertise spans a wide range of legal and compliance-related areas, including corporate laws, listing compliances, secretarial management, audit, due diligence, compliance audit, and corporate governance audits. Additionally, Mr. Rawal has specialized knowledge in economic laws, including FEMA and RBI regulations, making him a perfect fit for overseeing the company’s secretarial audit.

His appointment comes at a crucial time, as the company seeks to ensure that its secretarial practices align with the best standards of corporate governance and regulatory compliance. Mr. Rawal’s extensive experience and qualifications will contribute significantly to maintaining and enhancing the company’s internal controls and governance structures.

Details of the Appointment

The appointment of Mr. Rawal as Secretarial Auditor was officially made on March 27, 2025, with his tenure starting on April 1, 2024, and ending on March 31, 2025. This appointment is in line with SEBI regulations and is part of the company’s ongoing efforts to ensure effective management and governance practices within its operations.

Importance of Secretarial Audit

The role of a Secretarial Auditor is crucial in maintaining the integrity of corporate operations. The secretarial audit ensures that the company adheres to legal and regulatory standards, particularly in areas of compliance, corporate governance, and financial transparency. With Mr. Rawal in charge of this audit, Bhatia Communications & Retail (India) Limited can rest assured that its operations will be closely monitored to uphold the highest standards of compliance and corporate ethics.

The Board of Directors of Bhatia Communications has reaffirmed their commitment to following SEBI guidelines and ensuring transparency in all corporate dealings. The appointment of a highly qualified professional like Mr. Rawal reflects the company’s dedication to these principles.

Impact on Stakeholders

For investors, regulators, and stakeholders, the appointment of Mr. Rawal signals the company’s commitment to maintaining strong corporate governance standards. The secretarial audit will provide assurance that the company’s compliance with legal and regulatory frameworks remains in check, thus helping to prevent any potential legal or financial discrepancies.

Moreover, as the company continues its operations, the oversight of Mr. Rawal will ensure that all corporate actions are taken with full compliance and due diligence, which can ultimately improve investor confidence and support the company’s long-term growth strategy.

Conclusion

In conclusion, the appointment of Mr. Bhaveshkumar Arjunkumar Rawal as the Secretarial Auditor for Bhatia Communications & Retail (India) Limited reflects the company’s ongoing efforts to ensure the highest levels of corporate governance, compliance, and transparency. With Mr. Rawal’s extensive experience and expertise in corporate laws and regulatory compliance, he is well-positioned to lead the company’s secretarial audit for the financial year 2024-2025, contributing significantly to its long-term stability and growth. The company’s proactive steps in ensuring compliance with SEBI regulations reinforce its commitment to ethical and transparent business practices.

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