Board Meeting Details
The Meeting of the Board of Directors was held on Tuesday, July 07, 2026, commencing at 3:30 PM and concluding at 4:00 PM.
Key Decisions
1. Appointment of New Statutory Auditor
The Board of Directors, based on the recommendation and approval of the Audit Committee, appointed M/s. Sarang Shivajirao Chavan and Associates, Chartered Accountants (Firm's Registration No. 159649W) as the Statutory Auditors of the Company.
- Effective Date: July 07, 2026
- Term: To hold office till the conclusion of the ensuing general meeting of the company
- Profile: The firm is described as well-established in Ahmedabad, providing services including Statutory audit, Internal Audit, Tax audit, GST Compliances, Direct and Indirect Taxation, Advisory services, Company Law matters, and Due diligence.
- Relationships: Not Applicable
2. Resignation of Previous Statutory Auditor
M/s Bhatt Shah Mekhia & Co., Chartered Accountants (Firm's Registration No. 129797W) resigned as Statutory Auditor of the Company.
- Effective Date: July 07, 2026
- Reason for Resignation: Pre-occupation in other professional work
- Original Appointment Date: November 11, 2025
- Scheduled Term Expiry: Was scheduled to expire at the conclusion of the ensuing General Meeting of the Company
- Latest Audit Work: The auditor had issued a Standalone Audit Report with unmodified opinion on the Audited Financial Statements for the year ended March 31, 2026 on May 28, 2026.
Additional Information
- The Board placed on record its appreciation for the guidance and contribution made by the outgoing auditor during their tenure
- No other material reasons were cited for the resignation beyond pre-occupation
- No concerns regarding inability to obtain audit evidence or management-imposed limitations were disclosed
- The outgoing auditor confirmed performing alternative procedures and issued previous reports appropriately