The Board of Directors, at its meeting held on Friday, 24th July, 2026, approved an amendment to Item No. 15 of the Board Resolution dated 30th May, 2026. The amendment was necessitated due to the applicability of the new Income-tax Act, 2025. The original resolution referenced the Income-tax Act, 1961, including Section 44AB. The approved amendment substitutes these references with the corresponding provisions of the Income-tax Act, 2025, including Section 63.
Consequently, the Board confirmed the re-appointment of M/s. Avnish Sharma & Associates, Chartered Accountants (Firm Registration No. 009398N), as the Tax Auditor of the Company. The appointment is for the Tax Year 2026-27, which corresponds to the Financial Year ending 31st March, 2027. The auditor is appointed to conduct the tax audit under the Income-tax Act, 2025 and to undertake other required certifications, reports, and compliances.
The disclosure explicitly states that this amendment is purely consequential and results in no change to the appointed Tax Auditor, the remuneration, or any other terms and conditions approved in the original resolution dated 30th May, 2026. All other terms of that resolution remain unchanged and in full effect.
Annexure-I Details
Annexure-I provides specific details as required by SEBI regulations:
- Name: Rajan Talwar, Partner, M/s. Avnish Sharma & Associates
- Reason for Change: Re-appointment of the Tax Auditor.
- Date of Re-appointment & Terms: Approved by the Board on 24th July, 2026. The term is for the Tax Year 2026-27 (FY ending 31st March, 2027) on mutually agreed terms.
- Term of Re-appointment: Tax Year 2026-27.
- Brief Profile: The firm has experience in taxation, audit, compliance management, financial advisory, and regulatory consultancy.
- Relationships: The firm is not related to any Director or Key Managerial Personnel of the Company.