OUTCOME OF BOARD MEETING HELD ON MAY 29, 2025
Awaiting price reaction for this filing.
United Textiles Ltd held a board meeting on May 29, 2025, from 4:00 PM to 5:30 PM. The board approved the audited financial results for the quarter and full year ended March 31, 2025, along with the auditor's report, which carried an unmodified (clean) opinion. The board also appointed M/s Anil Yash & Associates as the new internal auditors for financial year 2025-26, replacing the previous internal auditor. The firm has over 36 years of experience in chartered accountancy and there is no disclosed relationship with any director.
Routine governance update with no material red flags — clean audit opinion supports credibility, while the internal auditor change is a standard annual appointment and unlikely to affect stock price.