Key Decision
The Board of Directors of Mangalam Industrial Finance Limited, at its meeting held on Friday, 07th August, 2026, approved the appointment of M/s. Arun Ratnawat & Associates, Chartered Accountants (ICAI Firm Registration No. 010664C) as the Statutory Auditors of the company.
Reason for Change
The appointment fills the casual vacancy caused by the resignation of the previous statutory auditors, M/s. Mahesh Udhwani & Associates, Chartered Accountants.
Effective Date
The appointment of M/s. Arun Ratnawat & Associates is effective from 07th August, 2026.
Previous Auditor Details
M/s. Mahesh Udhwani & Associates, Chartered Accountants resigned as Statutory Auditor with effect from 14th May, 2026.
Meeting Details
The Board meeting commenced at 10:00 PM (IST) and concluded at 11:00 PM (IST) on 07th August, 2026.
Additional Information
The disclosure includes details pursuant to SEBI Circular No. SEBI/HO/CFD/PoD2/1/3762/2026 dated January 30, 2026, provided in Annexure A.
The brief profile of M/s. Arun Ratnawat & Associates describes them as "a trusted audit and assurance firm committed to delivering independent, accurate, and value-driven financial solutions with the highest standards of integrity and professionalism. Committed to excellence in audit and assurance through technical expertise, ethical practices, and a client-focused approach."
Availability
The Board Meeting Outcome will be made available on the Company's website at www.miflindia.com.