Kitex Garments Limited has informed the Exchange regarding Change in Auditors of the company.
KITEX · price
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Kitex Garments Limited has informed the stock exchanges that its Board of Directors, at a meeting held on June 23, 2025, approved two auditor appointments. K. Venkatachalam Aiyer & Co, Chartered Accountants, has been appointed as the Internal Auditor for the financial year 2025-2026. Additionally, SVJS & Associates, a Kochi-based firm of Practicing Company Secretaries, has been appointed as the Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30. The secretarial auditor appointment is subject to shareholder approval at the upcoming Annual General Meeting. K. Venkatachalam Aiyer & Co is described as one of the oldest CA firms in India with multiple branches, while SVJS & Associates is led by 5 partners with over 100 years of combined experience in compliance and governance.
This is a routine governance update with no material impact on shareholders. The appointments of internal and secretarial auditors are standard compliance requirements, and the firms appointed have credible backgrounds in their respective fields.