Gulshan Polyols Limited has informed the Exchange regarding Change in Auditors of the company.
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Gulshan Polyols has appointed M/s. TVA & Co. LLP, a peer-reviewed firm of Company Secretaries, as its new Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30. The appointment is subject to shareholder approval at the upcoming 25th Annual General Meeting. This change comes after the Board mutually decided not to proceed with the earlier proposed appointee, M/s J.K. Gupta & Associates, citing 'unavoidable circumstances' — that firm had only been approved by the Board in May 2025 and had not yet been formally appointed at any AGM. The new firm, TVA & Co. LLP, has 22 professionals including Company Secretaries, Insolvency Professionals, and Advocates.
This is a routine change of secretarial auditor (not statutory auditor) and the new appointment is for a standard 5-year term, so direct financial impact is limited. Shareholders will get a chance to approve or reject the appointment at the AGM. Investors may want to watch for any further details on why the earlier firm was dropped, as the vague 'unavoidable circumstances' language could prompt minor governance questions.