MODTHREADNSEModern Threads (India) Limited· -LowNeutral
Announced Fri, 27 Mar · 16:26 IST

Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors of the company in their meeting held today i.e 27.03.2026, amongst other subjects, inter-alia, approved the following:a) The re-appointment of S.S. Surana & Co., Chartered Accountants, Jaipur (Firm Registration No. 001079C) as Tax Auditor of the Company for the financial year 2025-26, which is recommended by the Audit Committee. A brief profile of S.S. Surana & Co., Chartered Accountants is enclosed as Annexure A. b) The re-appointment of Mr. Naveen Kumar Vijayvargiya S/o. Shri Ram Prakash Vijayvargiya (PAN: AVNPV9111H) as Internal Auditor of the Company for the financial year 2026-27, which is recommended by the Audit Committee. A brief profile of Mr. Naveen Kumar Vijayvargiya is enclosed as Annexure A.

MODTHREAD · price

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Price reaction · full curve 14 horizons · vs prior close
-5.0%1-day move
₹46.00
prior close
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-5.0-0.3+1.1-0.8+5.4+1.6+3.2+0.0+6.0
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AI summary

The Board of Directors of Modern Threads (India) Limited, at its meeting held on 27 March 2026, approved two re-appointments. S.S. Surana & Co., Chartered Accountants, Jaipur (Firm Registration No. 001079C) has been re-appointed as Tax Auditor for the financial year 2025-26. Mr. Naveen Kumar Vijayvargiya has been re-appointed as Internal Auditor for the financial year 2026-27. Both re-appointments were recommended by the Audit Committee. S.S. Surana & Co. has over 44 years of experience in accounting, tax advisory, statutory audit, and related services, while Mr. Vijayvargiya is a Chartered Accountant (Inter) with experience in accounting, taxation, internal audit, IT, and corporate laws. The disclosure was filed with both BSE (Script Code: 500282) and NSE (Script Code: MODTHREAD) under Regulation 30 of SEBI LODR Regulations, 2015.

Likely market impact

This is a routine governance disclosure involving the continuation of existing auditors for the upcoming financial year(s). It has no material impact on the company's financials or stock price, and simply reaffirms the company's compliance with audit and governance requirements.