Saraswati Saree Depot Limited has filed a regulatory disclosure under SEBI Listing Regulations (Regulation 30) regarding shareholder approvals obtained at its 6th Annual General Meeting held on September 18, 2026.

The disclosure confirms that shareholders have approved all previously announced appointments that were subject to member approval:

Statutory Auditor Appointment

  • PPC & Co, Chartered Accountants (FRN: 136439W) has been appointed as statutory auditors
  • Term: From conclusion of the 6th AGM until conclusion of AGM for financial year 2030-31 (5-year term)
  • Originally approved by Board of Directors on August 14, 2026, based on Audit Committee recommendation

Independent Director Appointments

  • Mr. Amar Thorat (DIN: 02223782) appointed as Independent Additional Director
  • Term: 5 years effective from August 2, 2026, until August 1, 2031
  • Originally approved by Board on June 8, 2026, based on Nomination and Remuneration Committee recommendation
  • Mr. Yatiraj Marda (DIN: 10174363) appointed as Independent Additional Director
  • Term: 5 years effective from June 20, 2026, until June 19, 2031
  • Originally approved by Board on June 8, 2026, based on Nomination and Remuneration Committee recommendation

Approval Process

All appointments were approved by shareholders through special resolutions at the 6th Annual General Meeting held on September 18, 2026. The company received the scrutinizer's report along with voting results on September 19, 2026.

Additional Director Information (Annexure 2)

Mr. Yatiraj Marda:

  • Age: 51 years
  • Nationality: Indian
  • Qualification: Chartered Accountant
  • Experience: Practicing Chartered Accountant for two decades with expertise in taxation and auditing
  • No directorships in other listed companies
  • No committee positions in listed companies
  • No resignations from listed companies in past three years
  • Shareholding: Nil

Mr. Amar Thorat:

  • Age: 68 years
  • Nationality: Indian
  • Qualification: Chartered Accountant
  • Experience: Practicing Chartered Accountant for three decades, has acted as auditor for government undertakings, nationalized banks, and private sector undertakings
  • No directorships in other listed companies
  • No committee positions in listed companies
  • No resignations from listed companies in past three years
  • Shareholding: Nil

Auditor Information (Annexure 1)

PPC & Co is a professional services firm established in 2013 led by four partners with expertise in Audit & Assurance, Management Consultancy, Bookkeeping, Risk Advisory, Taxation and Business Advisory Services. The firm has its head office in Vadodara, Gujarat and branches at Nadiad, Valsad and Kodoli (Kolhapur), Maharashtra. They serve clients across Gujarat, Maharashtra and other parts of India catering to diverse industries including Healthcare, IT, Manufacturing, Trading, Wholesale & Retail, Banking & Financial Services, Co-operative Institutions, Trusts & Societies, Educational Institutions, Dairy & Food Processing, Construction & Real Estate, SMEs and Professional Service Organisations.