SP Refractories appoints Avinash Gandhewar & Associates auditor
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SP Refractories Limited has appointed M/s. Avinash Gandhewar & Associates as its secretarial auditor, effective 21 April 2026 for a 12‑month term covering FY 2025‑26.
- Certified by the Institute of Company Secretaries of India (ICSI), the auditor will review company law, securities law, FEMA, public offerings, M&A and NCLT matters.
- The move secures regulatory compliance and signals stronger corporate governance, lowering the risk of statutory penalties.
- No direct impact on revenue, profit margins or cash flow – the change is purely procedural.
- Investor risk is minimal; while no immediate action is needed, enhanced governance could positively influence credit ratings and stakeholder confidence.
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