Appointment of Statutory Auditors
Awaiting price reaction for this filing.
At the 26th Annual General Meeting held on September 30, 2025, shareholders of Indus Fila approved several items. Mr. Himmatsingh Dasharathsingh Shekhawat was re-designated as a Whole-time Director for three years (01-10-2025 to 30-09-2028). Two independent directors — Mr. Harshvardhan Chandak and Mr. Aman Bachhawat — had their directorships continued for five years from October 1, 2025. Additionally, M/s Tolwani & Associates, Chartered Accountants (FRN: 143638W) was appointed as the new Statutory Auditor, and M/s Madhwesh Prathap and Associates was appointed as Secretarial Auditor, both for five consecutive financial years (FY2025-26 to FY2029-30). This indicates a fresh audit cycle beginning with the current fiscal year.
This is largely a routine governance update. The appointment of new statutory auditors for a full 5-year term provides stability in financial reporting, while the continuation of existing directors suggests continuity in board leadership. No immediate material impact on shareholders is expected from these approvals.