Announced Wed, 28 May · 15:00 IST

The Board of Directors have approved the appointment of Cost Auditor.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Lakshmi Mills Company Ltd, at its meeting held on May 28, 2025, approved the re-appointment of M/s. A. R. Ramasubramania Raja & Co, Cost Accountants (Coimbatore), as the Cost Auditors of the Company for the financial year 2025-2026. The cost audit will cover the Palladam and Kovilpatti Units. The firm is led by Mr. A. R. Ramasubramania Raja, who has 15 years of experience in cost auditing. No material relationship with directors was disclosed.

Likely market impact

This is a routine annual regulatory disclosure and is not expected to materially affect the stock price or shareholder value. Re-appointing the same cost auditor signals continuity in cost audit oversight.