Globale Tessile Limited has submitted a regulatory disclosure to BSE Limited and the National Stock Exchange of India Limited regarding the resignation of its secretarial auditor.
Details of Resignation
M/s. Malay Desai & Associates, Practicing Company Secretaries, has resigned as the Secretarial Auditor of the Company. The resignation was tendered via letter dated July 27, 2026, and is effective immediately.
Reason for Resignation
The reason for cessation provided in the annexure is "Resignation due to personal career goals." The resignation letter from the auditor further states the reason as "due to pre-occupation with other assignments."
Company Representation
The disclosure was signed by Kinnari Gosaliya, Company Secretary of Globale Tessile Limited (ICSI Membership No.: A79793), on July 27, 2026.
Additional Information from Resignation Letter
The auditor's resignation letter, addressed to the Board of Directors, conveyed a no objection for the appointment of any other Secretarial Auditor as a replacement. The letter also thanked the company for its support.
Financial Impact
Financial impact not quantified in the disclosure.