Go Fashion (India) Limited has informed the Exchange regarding Appointment of M/s Sridharan & Sridharan Associates as Secretarial Auditors of the company for a period of five years for the financial years 2025 - 26 to 2029 - 30, subject to approval of the shareholders at the ensuing 15th Annual General Meeting.
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Go Fashion (India) Limited's board on August 1, 2025 approved the appointment of M/s Sridharan & Sridharan Associates as Secretarial Auditors for a first term of five years (FY2025-26 to FY2029-30), subject to shareholder approval at the 15th AGM on September 4, 2025. The board also cleared Q1 FY26 results: revenue from operations of Rs 22,282.53 lakhs (up ~1.2% YoY), but profit after tax of Rs 2,225.99 lakhs (down ~22% YoY) and EPS of Rs 4.12 versus Rs 5.30 a year ago, indicating margin pressure. Alongside, three independent directors (Srinivasan Sridhar, Dinesh Gupta, Rohini Manian), Managing Director Prakash Kumar Saraogi, and Executive Director & CEO Gautam Saraogi were re-appointed for second/next terms. Co-founder Vinod Kumar Saraogi (brother of MD Prakash Kumar Saraogi) was newly appointed as Additional Director, while non-executive director Rahul Saraogi resigned citing pre-occupation and other professional commitments.
Profit fell sharply in Q1 even as revenue grew only marginally, which is a negative earnings signal for shareholders. Governance-wise, a new promoter-family member is joining the board while another Saraogi family director is exiting, keeping family influence intact but with some reshuffle ahead of the AGM.