Appointment of Tax Auditors and Internal Auditors
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The Board of Directors of Mahalaxmi Fabric Mills Ltd approved the re-appointment of M/s. D. Trivedi & Associates as Internal Auditor and M/s. Bhanwar Jain & Co. as Tax Auditor, both for Financial Year 2026-27. Both firms are practicing Chartered Accountant firms registered with ICAI. D. Trivedi & Associates has over 30 years of experience, while Bhanwar Jain & Co. has been in practice since 1998. Both appointments are routine re-appointments under Section 138 (Internal Audit) and Section 44AB (Tax Audit) of the respective statutes. The decisions were made in the Board Meeting held on May 27, 2026.
This is a routine governance filing with no material impact on shareholders. Re-appointing existing auditors indicates continuity in audit arrangements and does not signal any financial or governance concerns.