Vivid Mercantile Limited has disclosed the appointment of its statutory auditor through a regulatory filing submitted to BSE Limited. The Board of Directors, at its meeting held on September 02, 2026, approved the appointment of M/s P H Shah and Co (FRN: 0115464W) as the company's statutory auditor.
The appointment is for a term of five consecutive financial years, commencing from FY 2026-27 to FY 2030-31 (April 01, 2026 to March 31, 2031). This appointment is subject to approval by shareholders at the ensuing 15th Annual General Meeting.
The Audit Committee of the company recommended this appointment, which is in compliance with the provisions of the Companies Act, 2013 and rules made thereunder. The disclosure is made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and includes additional information as required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
Auditor Profile
M/s P H Shah and Co is a Chartered Accountancy firm established in 1996 with head office in Ahmedabad and a branch in Nadiad, Gujarat. The firm has over 25 years of experience providing audit, assurance, taxation, corporate finance, and business advisory services. Key partners include CA Pamil H Shah, CA Poojan Shah, and CA Niral Shah. The firm serves diverse clients from small businesses to multinational corporations and specializes in statutory audits, tax audits, GST compliance, ROC consultancy, project finance, mergers and amalgamations, accounting, bookkeeping, and representation before regulatory authorities.
The document was signed by Satishkumar Ramanlal Gajjar, Managing Director (DIN: 05254111), and submitted to the General Manager, Department of Corporate Services, BSE Limited.