Arvind Fashions Limited has informed the Exchange about Appointment of Internal Auditor of the Company
ARVINDFASN · price
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The Board of Arvind Fashions met on May 17, 2025 and approved several items. First, audited standalone and consolidated financial results for FY ended March 31, 2025 were taken on record, with statutory auditors issuing an unmodified (clean) opinion. Second, the Board recommended a final dividend of Rs. 1.60 per equity share on a face value of Rs. 4, subject to shareholder approval at the upcoming AGM. Third, N. V. Kathiria & Associates was appointed as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30). Fourth, Mahajan & Aibara Chartered Accountants LLP was re-appointed as Internal Auditor for one year (April 1, 2025 to March 31, 2026). The Board meeting ran from 11:30 AM to 1:10 PM.
Routine corporate governance update. A clean audit opinion and a Rs. 1.60 final dividend are mildly positive signals of financial stability and shareholder returns. The internal auditor re-appointment is a standard procedural item with no material impact on the stock.