Our Testimonials

"The Board of Directors of the Company, pursuant to the recommendations of the Audit Committee, and after considering the experience, market standing, efficiency of the audit teams and independence, has recommended the appointment of M/s. S.N. ANANTHASUBRAMANIAN & Co. (SNACO), a firm of Practising Company Secretaries, as the Secretarial Auditors of the Company for a term of five consecutive financial years commencing from April 1, 2025 till March 31, 2030.
SNACO is a reputed firm of Company Secretaries based in Thane, with over three decades of experience in corporate compliance and governance. The firm has conducted Secretarial Audits for leading listed and unlisted entities across sectors, adopting a principle-based and risk-oriented approach. Known for its thoroughness, regulatory acumen, and professional integrity, SNACO remains a trusted name in Secretarial Audit and corporate law compliance."

"SNACO was appointed as Secretarial Auditors for CRISIL in 2024. They deployed a team of professionals, demonstrating their expertise and proficiency in handling secretarial audit for CRISIL. Their approach towards the Company’s Secretarial Audit and its fee model has been found to be suitable and aligns with the Company’s requirements."

"SNA were considered to be best suited for appointment as the Secretarial Auditors of the Company, in view of their market standing, clientele served, audit competence, technical knowledge & proficiency, and profile & experience of the firm and its partners, besides their earlier audit experience in the Company."

"After evaluating and considering various factors such as industry experience, competence of the audit team, efficiency in conduct of audit, independence, etc., the Board of Directors of the Company has, proposed the appointment of M/s. S. N. ANANTHASUBRAMANIAN & Co, (Firm Registration No. P1991MH040400) Company Secretaries, as the Secretarial Auditors of the Company."

"M/s. S. N. Ananthasubramanian & Co (“SNACO”) is a reputed Practicing Company Secretary firm established in 1991 by Mr. S. N. Ananthasubramanian, a Fellow Member and past President of the Institute of Company Secretaries of India (“ICSI”), has a team of experienced and qualified company secretaries led by five partners. Taking into account the above requirements, along with an evaluation of proposals received by the Company and the consideration of factors such as technical skills, independence, industry experience, expertise, audit partners, audit team, quality of audit practices, and past association with the Company, the Board of Directors, has approved the appointment of M/s. S. N. Ananthasubramanian & Co., Practicing Company Secretaries as Secretarial Auditors of the Company."

"The firms renowned for its diligence, deep regulatory insight, and unwavering professional integrity, SNACO has established itself as a trusted name in the field of Secretarial Audit and corporate law compliance.
Considering the Corporation’s requirements and after a comprehensive evaluation of the proposals received through tendering process, including an assessment of technical capabilities, professional independence, industry-specific experience, domain expertise, strength of the audit partners & team and marks obtained, the Board of Directors, on the recommendation of the Audit Committee, has recommended the appointment of M/s. S. N. Ananthasubramanian & Co., Practicing Company Secretaries (Firm Registration No. P1991MH040400) as the Secretarial Auditors of the Corporation."

"The Board of Directors, at its meeting held on April 08, 2025 has, considering the expertise and experience and on the recommendation of the Audit Committee, recommended to the members of the Company, the appointment of S. N. Ananthasubramanian & Co., Practising Company Secretaries as the Secretarial Auditor of the Company for a term of five (5) consecutive financial years commencing from the financial year 2025-26 to the financial year 2029-30.
S. N. Ananthasubramanian & Co., was established in 1991, by Shri S. N. Ananthasubramanian, a fellow member and past president of the Institute of Company Secretaries of India. The firm has over three decades of experience in secretarial audits, certifications, consulting, advisory and related services and has conducted secretarial audits for some of the largest companies across various sectors, including the financial services sector."

"SNA were considered to be best suited for appointment as the Secretarial Auditors of the Company, in view of their market standing, clientele served, audit competence, technical knowledge & proficiency, and profile & experience of the firm and its partners."

"After evaluating and considering various factors such as industry experience, competence of the audit team, efficiency in conduct of audit, independence, etc., the Board of Directors of the Bank, based on the recommendation of the Audit Committee and subject to approval of the Shareholders of the Bank, at its meeting held on April 25, 2025, has approved the appointment of Secretarial Auditors viz. M/s. S. N. ANANTHASUBRAMANIAN & Co ("SNACO") (Firm Registration No.P1991MH040400), Company Secretaries, as the Secretarial Auditors of the Bank, for a term of five (5) consecutive years from April 1, 2025 to March 31, 2030."

"The Company initiated a fair tender process by issuing a request for quotation to some reputed, peer-reviewed firms of practicing Company Secretaries based on their demonstrated expertise in secretarial audits, strong professional credibility, and a robust client portfolio. After a comprehensive and objective assessment of all relevant factors including experience, competence, and alignment with the Company’s governance standards the Board of Directors at the recommendation of the Audit Committee of the Directors, approved the appointment of M/s. S. N. Ananthasubramanian & Co. (SNACO), Company Secretaries, as the Secretarial Auditors of the Company."

"M/s. S. N. Ananthasubramanian & Co. (SNA & Co.), established in 1991, is a peer-reviewed firm with over three decades of professional experience. The firm is certified under the Peer Review guidelines of the Institute of Company Secretaries of India and is well-regarded for its expertise in audit and assurance services. SNA & Co. offers a comprehensive suite of services including corporate secretarial support, governance advisory, certification and attestations, business setup and closure, due diligence, scrutiniser services, and specialised advisory in securities and corporate laws."

"While recommending SNACO for appointment, the Board and the Audit Committee evaluated various factors, including the firm’s capability to handle a diverse business environment, its existing experience in the various business segments, its industry standing, the clientele that it serves and its technical expertise. SNACO was found to be proficient to manage the Secretarial Audit of the Company"

"SNACO has a rich history that stretches over three decades, and the team is mentored by a senior professional of repute who has worked with a large engineering conglomerate having multinational operations. Further, the firm boasts a diverse and distinguished client base, encompassing local, national and international corporates across a broad range of sectors."