PASHUPATINSEPashupati Cotspin LimitedLowNeutral
Announced Wed, 21 May · 24:38 IST

Pashupati Cotspin Limited has informed the Exchange regarding '1. Appointed M/s. Ashish Bhavsar & Associates, Cost Accountants, as the Cost Auditor of the Company for the financial year 2025 26.'.

Auditor Resigned MidtermManagement Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pashupati Cotspin Limited held a board meeting on 20th May 2025 and approved three auditor appointments. M/s. Ashish Bhavsar & Associates was appointed as Cost Auditor for FY 2025-26, and M/s. Sandip Desai & Co. was appointed as Internal Auditor for FY 2025-26. M/s. SJV & Associates was appointed as Secretarial Auditor for FY 2024-25, replacing the previous Secretarial Auditor, M/s. Khandelwal Devesh and Associates, who resigned. The company has shared brief profiles of the three new auditors, confirming they are qualified professionals in their respective fields.

Likely market impact

These are largely routine annual auditor appointments with no change in leadership or material financial impact. Shareholders should note that the previous Secretarial Auditor resigned mid-cycle, but the new appointment is for an ongoing fiscal year, so governance continuity is maintained.