Appointment of Secretarial Auditor and Appointment of Internal Auditor
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ATVO Enterprises (formerly Vandana Knitwear) reported audited results for Q4 and FY ended March 31, 2025. FY25 total income rose to Rs 517.14 lakh from Rs 439.95 lakh in FY24, a growth of about 17.6%. Profit after tax for FY25 was Rs 11.41 lakh (vs Rs 10.15 lakh), with Q4 PAT at Rs 1.96 lakh. The statutory auditor (Naresh Maheshwari & Co.) issued an unmodified opinion on the results. The Board also approved the appointment of M/s R.K. Jain & Associates as Secretarial Auditor for a 5-year term starting FY 2025-26 and appointed Mr. Vivek Agnihotri as Internal Auditor for FY 2025-26.
Routine auditor appointments and a clean audit opinion are neutral to slightly positive for governance perception. However, the company's earnings remain very small (PAT of ~Rs 11 lakh on equity of ~Rs 10.7 crore), so the financial results are unlikely to move the stock meaningfully.