AGM approves new Statutory Auditors and re-appointment of Independent Director

M/s. Chopra A J & Associates, Chartered Accountants (FRN: 021905C), Raipur as Statutory Auditors for 5 years, from conclusion of the 38th AGM till conclusion of the 43rd AGM — following expiry of the term of M/s. K P R K & Associates.

Sat 26 Sep 2026

New Statutory Auditors

M/s. Chopra A J & Associates, Chartered Accountants (FRN: 021905C), Raipur

Auditor Term Duration

5 years, from conclusion of 38th AGM till conclusion of 43rd AGM

Independent Director Re-appointed

Ms. Vanitha Rangaiah (DIN: 09211334)

Director Term

28.06.2026 to 27.06.2031 (5 years)

AGM Date

25.09.2026

What was approved

Mahamaya Steel Industries informed the exchanges under Regulation 30 of SEBI LODR that members, at the 38th Annual General Meeting held on Friday, 25th September 2026 through VC/OAVM, approved two routine governance items.

Statutory Auditors

• M/s. Chopra A J & Associates, Chartered Accountants, Raipur (Firm Registration No. 021905C) appointed as Statutory Auditors.
• Reason: expiry of the term of the previous auditors, M/s. K P R K & Associates, at the 38th AGM.
• Term: 5 years from conclusion of the 38th AGM till conclusion of the 43rd AGM.
• Profile: CA firm based at Raipur, established in 2016, a Peer Reviewed firm with 9 years of experience in Statutory Audit, Tax Audit, GST Audit and Bank Audits.

Independent Director

• Ms. Vanitha Rangaiah (DIN: 09211334) re-appointed as Independent Director for a second term.
• Tenure: 28.06.2026 to 27.06.2031 (5 years), approved on 25.09.2026, not liable to retire by rotation.
• Profile: over 20 years of experience in Accounts and Finance; meets the independence criteria under Section 149(6) and Regulation 16(1)(b).
• She is not related to any Director, KMP or Promoter, and is not debarred from holding the office of director by any SEBI or other authority order.

How to read it

An auditor change here follows the natural expiry of the earlier firm's term rather than a resignation, and the director re-appointment continues an existing board member for a further term. Both are standard AGM outcomes and do not by themselves change the company's operations or finances.

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