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Simplex Castings Ltd. Board/Management Information 2020

Sep 2, 2020

61924_rns_2020-09-02_c7b961a0-9310-4193-a481-52918a273873.pdf

Board/Management Information

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Sim lex Castin s Ltd. p g

Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664 E-Mail : [email protected] Website : www.simplexcastings.com CIN : L27320MH1980PLC067459o,

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Ref: SCL/FY2020-21/BSE/27

Date: 02.09.2020

To, The Secretary, BSE Ltd. Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400 001 Scrip Code: 513472

Sub.: Intimation about appointment of Statutory Auditor

Dear Sirs,

This is to inform you that the Audit Committee and Board of the Company through Circular Resolution, have recommended appointment of M/s. APAS & Co, Chartered Accountants (Firm registration no. 000340C ) as statutory auditors of the Company to hold the office from 29[th] August,2020 until the conclusion of the ensuing 40th Annual General Meeting of the Company and Further period of one year commencing from the conclusion of this 40th Annual General Meeting till the conclusion of 41[st] Annual General Meeting for approvals of shareholders of the Company in ensuring Annual General Meeting of the Company to fill the casual vacancy caused by the resignation of M/s. O P Singhania & Co , Chartered Accountants (ICAI Firm Registration No 002172C). Said appointment is pursuant to applicable provisions of the Companies Act 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

M/s APAS & Co is a Raipur based leading CA firm with over 48 years of history. M/s APAS & Co has been one of Central India’s prominent Chartered accountancy firms providing wide array financial and advisory services to numerous and diverse Clients. It is considered the strength of the Firm in terms of qualified staff and senior partners, experience including industries specific experience, eligibility for being appointed as an Auditor, remuneration proposal, competency to carry out audit and limited review and other relevant aspects.

The Audit Committee, considering the relevant aspects, have recommended appointment of M/s APAS & Co as statutory auditor of the Company and further the Board has approved the said appointment and the same is being recommended to the shareholders of the Company for approval, as per requirement of the applicable provisions of the Companies Act 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and applicable laws. Prescribed details and brief profile in this respect is annexed herewith.

Kindly take in your records. For, Simplex Castings Limited

SANGEETA Digitally signed by SANGEETA KETAN SHAH KETAN SHAH Date: 2020.09.02 18:11:34 +05'30' Sangeeta Ketan Shah Managing Director

OFFICE ADDRESS PHONE FAX E-MAIL Regd. Office : 601/602 A, FAIRLINK CENTER, OFF ANDHERI LINK ROAD, ANDHERI (W), MUMBAI -53 022-40034768 [email protected] Kolkata : 119, PARK STREET, WHITE HOUSE 4[th ] FLOOR KOLKATA - 700016 (W.B.) INDIA 08961045611 033-22493251 [email protected] Bhilai (Plant) : 5, INDUSTRIAL ESTATE, BHILAI - 490026 (C.G.) INDIA 0788-4015273 0788-4034188 [email protected] Raipur (Plant) : 750, URLA INDUSTRIAL ESTATE, RING ROAD NO - 2, RAIPUR - 493221 (C.G.) INDIA 0771-6537383 0771-2323805 [email protected] Rajnandgaon (Plant) : 223/2,224 INDUSTRIAL ESTATE, TEDESARA, RAJNANDGAON - 491441(C.G.) INDIA 9203901697 0788-2285664 [email protected]

Details with respect to appointment of Statutory Auditors:

Sl
No
Particular Details
1. Reason for Change
viz.,
appointment,
resignation, removal,
death or otherwise
The appointment of M/s. APAS & Co Chartered Accountants as the
Statutory Auditors of the Company, pursuant to the applicable
provisions of the Companies Act 2013.
2. Date of appointment 29/08/2020
3. Term of Appointment From 29thAugust,2020 until the conclusion of the ensuing 40th
Annual General Meeting of the Company and further period of one
year commencing from the conclusion of this 40th Annual General
Meeting till the conclusion of 41st Annual General Meeting
4. Brief Profile M/s APAS & Co is a Raipur based leading Chartered Accountants
firm with over 48 years of history. M/s APAS & Co has been one of
Central India’s prominent Chartered accountancy firms providing
wide array financial and advisory services to numerous and diverse
Clients. In Dec 1971, Mr. R.K. Mahawar (Founder) laid down a
solid foundation with strong emphasis on client satisfaction and
delivering excellence in Accounting, Auditing, Taxation, Assurance
and Business Advisory services.