Appointment of M/s Nitesh Kumar & Associates, Chartered Accountants, as the Internal Auditor of the Company
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Game Changers Texfab Ltd's Board of Directors, in a meeting held on 6th May 2026, approved the appointment of M/s Nitesh Kumar & Associates, a peer-reviewed Chartered Accountancy firm, as the Internal Auditor of the Company for the term covering FY 2025-26 & 2026-27. The board also took note of the Related Party Transactions disclosure for the half year ended 31st March 2026 and the Monitoring Agency Report on utilisation of issue proceeds for Q4 FY26. This is a routine appointment replacing or succeeding a prior internal auditor, with the new firm bringing expertise in accounting, internal audit, and regulatory compliance.
Appointment of an external internal auditor is a standard governance practice and is neutral for shareholders. It does not signal any distress or change in control but strengthens the company's internal control framework.