BSEAVI Polymers LtdMediumNeutral
Announced Fri, 13 Jun · 16:20 IST
Appointment of M/s. S K Bhavsar & Co. as a Statutory Auditor of the Company
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
AVI Polymers Ltd held a board meeting on 13th June 2025 where it appointed M/s. S.K. Bhavsar & Co., Chartered Accountants (Ahmedabad) as the new Statutory Auditor of the company. The appointment is to fill the casual vacancy that arose from the resignation of the earlier statutory auditor. The new auditor is a proprietorship firm with registration number 0145880W and has over 5 years of experience in accounting, GST, VAT, and income tax matters. The change was signed off by Managing Director Chintan Patel.
Likely market impact
Shareholders should note that this is the second auditor change in quick succession, which may raise minor governance concerns even though the new appointment restores statutory audit compliance.