Lakhotia Polyesters (India) Limited has made a disclosure to BSE Limited regarding the appointment of statutory auditors, pursuant to Regulation 30 of the SEBI Listing Regulations and SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
The company's 21st Annual General Meeting was held on Monday, September 21, 2026, commencing at 4:00 p.m. and concluding at 4:30 p.m. During this meeting, the members of the company approved the appointment of M/s. Praveen Purohit & Associates, Chartered Accountants (Firm Registration No. 164568W) as Statutory Auditors of the Company.
The appointment is for a term of 5 consecutive years, effective from the conclusion of the 21st Annual General Meeting until the conclusion of the 26th Annual General Meeting of the Company.
Auditor Profile
Mr. Praveen Purohit is a seasoned Chartered Accountant with over 10 years of professional experience across diverse industries. He qualified as a Chartered Accountant in 2015 and has developed extensive expertise in assurance, taxation, finance, and advisory services. His professional experience includes statutory and tax audits, internal audits of large and medium-sized enterprises, bank audits, tax advisory, project finance, and litigation advisory support. He has worked with clients across varied sectors and has substantial experience in assignments under the Insolvency and Bankruptcy Code (IBC), including advising stakeholders on resolution strategies, regulatory compliance, financial restructuring, and other financial aspects of insolvency proceedings.
Additional Information
The disclosure specifies that there are no relationships between directors to disclose in this context (marked as "Not Applicable").