Announced Mon, 16 Mar · 13:00 IST

Pursuant to Regulation 30 of SEBI (LODR ) Regulations we hereby enclose the details of re-appointment of Cost auditor and Internal auditor for the year 2026-27 and accepted the resignation ....

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹130.00
prior close
₹131.00
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AI summary

Amarjothi Spinning Mills has re-appointed M/s. M. Nagarajan & Co. (Coimbatore) as Cost Auditor and Mr. Sivakumar, Chartered Accountant (Tirupur) as Internal Auditor for the financial year 2026-27. The Cost Auditor's remuneration is set at Rs. 40,000 per annum plus expenses and applicable taxes. Separately, Independent Director Smt. Manonmani Sivasamy (DIN: 10715570) resigned from the board with effect from the close of business hours on March 16, 2026, citing other professional commitments and personal reasons. She also ceased to be Chairman of the Stakeholder Relationship Committee and a member of the CSR Committee. She confirmed there are no other material reasons for her resignation beyond those stated.

Likely market impact

Auditor re-appointments are routine and indicate continuity in financial oversight with no cost concerns. The exit of an independent director, while for personal reasons, may marginally affect board composition and committee continuity in the short term.