Rama Phosphates Appoints Harshvardhan Tarkas as Secretarial Auditor for FY27 After Ashok Patel's Demise

Rama Phosphates appointed Harshvardhan Tarkas as its secretarial auditor for the financial year 2026-27, filling a casual vacancy arising from the demise of previous auditor Ashok Patel. The Board of Directors approved the appointment on November 13, 2026, based on the recommendation of the Audit Committee, ScanX reported.

Tarkas's Term and Audit Committee Role

Tarkas will hold office from the date of the board meeting until the conclusion of the next Annual General Meeting. The board meeting commenced at 11:00 am and concluded at 12:55 pm. The company said the appointment was made on the Audit Committee's recommendation.

Tarkas is a Practicing Company Secretary and a member of the Institute of Company Secretaries of India. He holds Certificate of Practice No. 24169 and Peer Review Firm No. 5745/2024. His professional background includes in-house corporate roles and independent practice, with expertise in corporate law, securities law and statutory compliance.

The outgoing auditor, Ashok Patel & Associates, held Certificate of Practice No. 15326. The company said the vacancy occurred due to the demise of Ashok Patel, prompting the need for an interim appointment to ensure continuous compliance oversight. Rama Phosphates confirmed that disclosure requirements under Schedule III of the Listing Regulations were met through Annexure A attached to the filing, made under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Rama Phosphates' Leadership and Scale

According to akta.pro company records, Rama Phosphates was founded in 1988 and is headquartered in Mumbai, with a headcount range of 1001-5000. Haresh D. Ramsinghani serves as Chairman and Managing Director, Jambu Kumar Parakh as President and Chief Financial Officer, Nilanjana H. Ramsinghani as Woman Director and Brij Lal Khanna as Independent Director. The same records list full year sales of Rs 893.04 crore for the year ended March 2026, a 20.08% increase year-over-year, and full year net profit of Rs 52.71 crore for FY2026.

Earlier Disclosures on the Auditor Vacancy

Rama Phosphates announced the demise of Ashok Patel, its secretarial auditor, on August 16, 2026, and informed stock exchanges of the event on August 17, 2026, under Regulation 30 of the SEBI (LODR) Regulations, 2015, ScanX reported. Patel, a Practicing Company Secretary holding Certificate of Practice No. 15326, was associated with the company through his firm, M/s. Ashok Patel & Associates, and served as secretarial auditor for the past year. Chairman and Managing Director Haresh D. Ramsinghani signed the disclosure, and the directors expressed their condolences to Patel's family.

Tarkas's Term Ending at the Next AGM

The appointment runs until the conclusion of the next Annual General Meeting, the endpoint the company stated for Tarkas's term.