ALPHA TRIBE

Sameera Agro And Infra LimitedOthers, 27-02-2025: Change in Auditors

27-02-2025 | 04:33 pm

Sameera Agro and Infra Ltd. has announced a board meeting outcome where Ms. Pratibha Kumrawat's resignation as Company Secretary was accepted with appreciation, and Ms. Shivani Jain was appointed as her replacement effective February 1, 2025. The board also accepted the resignation of the statutory auditors, M/s Damacherla & Associates, and appointed M/s MMRS & Co. as their successor for the financial year 2024-25, pending member approval. A new Risk Management Committee and Corporate Social Responsibility Committee were established. Additionally, the company plans to raise funds of about ₹55 Crores for its subsidiary, Globe Continental Distilleries, to enhance production capacity and meet working capital needs. This move, coupled with the ongoing transition of shareholding structures, could positively influence investor sentiment by presenting growth prospects in the liquor manufacturing sector.

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