Newmalayalam Steel Limited — Others, 19-06-2025: Shareholders meeting

Newmalayalam Steel Limited has announced the appointment of M/s. Kumar & Biju Associates LLP as statutory auditor to fill the casual vacancy caused by the resignation of the previous auditor for FY 2024-25. This resolution was passed with overwhelming shareholder approval through e-voting during the Extra-Ordinary General Meeting held via video conferencing. Fifteen shareholders participated in the meeting, representing 73.32% of the total voting shares. This auditor change ensures continuity in the company’s statutory audit function, which is key for maintaining financial oversight and compliance.