Announced Fri, 30 May · 18:48 IST

Enclosed herewith the intimation letter of appointment of Internal Auditor and Secretarial Auditor of the Company as per the provisions of the Companies Act, SEBI LODR regulations for ....

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AI summary

Katare Spinning Mills informed the stock exchange about two auditor appointments approved by the Board on 30th May 2025. CA Dinesh A Tulshigar has been appointed as Internal Auditor for FY 2025-26, bringing over 5 years of experience in internal audit and risk management. CS Chetan Kumbhojkar has been appointed as Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming AGM; he has over 10 years of experience in corporate and regulatory compliance including SEBI and FEMA matters. Both appointments are made to comply with the relevant provisions of the Companies Act, 2013. Neither auditor has any disclosed inter-se relationship with the directors.

Likely market impact

This is a routine compliance-driven disclosure and is unlikely to have any material impact on the stock price or shareholders. Both appointments are in line with statutory requirements and reflect standard governance practice for a listed company.