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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.
Bhilwara Spinners Ltd's board, at its meeting on 28 May 2025, approved the appointment of three audit firms. M/s CLB & Associates (FRN: 124305W), a Mumbai-based chartered accountancy firm, has been appointed as the new Statutory Auditor for a 5-year term (from the ensuing AGM to the AGM in 2030), replacing M/s ABN & Co. whose term is ending. M/s R.S. Pokharna and Associates (FRN: 008560C) has been appointed as Internal Auditor for FY 2025-26. M/s R.K. Jain & Associates, Practicing Company Secretaries, has been appointed as Secretarial Auditor for the first 5-year term starting FY 2025-26. All statutory and secretarial auditor appointments are subject to shareholder approval at the upcoming AGM. The board meeting ran from 3:00 PM to 9:15 PM.
Despite the headline mentioning 'Change in Management,' this filing is actually about a routine rotation of auditors — not management personnel. The outgoing statutory auditor's term simply expired at the AGM, so this is a standard governance event and unlikely to have any meaningful impact on the stock price or shareholder interests.