Based on the recommendation of the Audit Committee, the Board has approved the appointment of M/s Arun & Co., (Firm Registration Number : 014464S), Chartered Accounts, Tirunelveli, a partnership ....
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The Board of Directors of Kovilpatti Lakshmi Roller Flour Mills Ltd has approved the appointment of M/s Arun & Co., Chartered Accountants (Firm Registration Number: 014464S), a partnership firm based in Tirunelveli, as the statutory auditors of the company. The appointment was made on the recommendation of the Audit Committee. This is a routine governance action related to the company's audit function.
This is a standard corporate governance update. The appointment of a new audit firm may be part of regular auditor rotation requirements under the Companies Act and is unlikely to have a material impact on the stock price or shareholder value.