BORANANSEBorana Weaves LimitedMediumNeutral
Announced Thu, 12 Jun · 14:25 IST

Borana Weaves Limited has informed the Exchange regarding 'Announcement for appointment of Internal Auditor, Secretarial Auditor and Cost Auditor'.

Management Changes View source PDF

BORANA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Borana Weaves' board, which met on June 10, 2025, approved the audited standalone financial results for the quarter and year ended March 31, 2025, along with the audit report carrying an unmodified opinion. The board also approved the audited financial statements for FY25. Additionally, three auditor appointments were made to meet regulatory requirements: M/s. Vaghela Kishor & Co. as Cost Auditor for FY26, M/s. Vora Vora & Associates as Internal Auditor for FY26, and Mr. Jitendrakumar Rewashankar Rawal as Secretarial Auditor for FY25. These appointments are routine, done to comply with Sections 138, 148, and 204 of the Companies Act, 2013.

Likely market impact

This is a routine compliance and reporting update with no material impact on shareholders. The clean (unmodified) audit opinion on FY25 results is mildly positive, confirming the financial statements are free of major qualifications.