AKSHARNSEAkshar Spintex LimitedLowNeutral
Announced Tue, 1 Jul · 17:37 IST

Akshar Spintex Limited has informed the Exchange regarding Appointment of M./s Mitesh Suvagiya & Co. as Cost Auditor of the company w.e.f. Jun 30, 2025.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Akshar Spintex Limited has re-appointed M/s Mitesh Suvagiya and Co. (Membership No. 32559) as the Cost Auditor of the company for the financial year 2025-26. The decision was approved by the Board of Directors at their meeting held on June 30, 2025. Mitesh Suvagiya and Co. is a Rajkot-based practicing cost and works accountant firm with over 14 years of experience in cost accounting, cost audit, product costing, and related fields. This is a routine regulatory compliance filing under SEBI LODR regulations.

Likely market impact

This is a routine, non-material re-appointment of a cost auditor and is unlikely to have any meaningful impact on the stock price or shareholder value. It simply ensures continued compliance with cost audit requirements.