Announced Wed, 27 May · 23:55 IST

Mahalaxmi Fabric Mills Limited has informed the Exchange about General Updates

Management Changes View source PDF

MFML · price

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Price reaction · full curve 14 horizons · vs prior close
+3.4%1-day move
₹23.70
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.4+1.3+1.5+1.3+0.8-0.8-3.0-0.5
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AI summary

Mahalaxmi Fabric Mills Limited has announced the re-appointment of two auditing firms for Financial Year 2026-27. M/s. D. Trivedi & Associates has been re-appointed as Internal Auditor, while M/s. Bhanwar Jain & Co. has been re-appointed as Tax Auditor. Both firms are practicing Chartered Accountant firms with significant experience - D. Trivedi & Associates has over 30 years of experience, and Bhanwar Jain & Co. has been in practice since 1998. The re-appointments are pursuant to Section 138 of the Companies Act, 2013 for Internal Audit and Section 44AB of the Income Tax Act, 1961 for Tax Audit. The board approved these appointments in its meeting held on May 27, 2026.

Likely market impact

This is a routine corporate governance filing with no material impact on shareholders. The re-appointment of existing auditors indicates continuity in audit functions and does not signal any accounting concerns or governance issues.