Appointment of Internal Auditors for Petlad and BLP Units of the Company For FY 2025-26
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PBM Polytex Ltd has appointed M/s. D.P. Sarda & Co., Chartered Accountants (Nagpur), as Internal Auditor for its Borgaon Unit, and M/s. Y. Iyer & Co, Chartered Accountant (Vadodara), as Internal Auditor for its Petlad Unit. Both appointments are for the financial year 2025-26, effective from 28-05-2025, and were approved by the Board based on the Audit Committee's recommendation. Both firms bring decades of experience in statutory audit, taxation, and corporate finance work. The filing was made under SEBI Listing Regulations to keep the stock exchanges informed.
This is a routine compliance and governance update with no material impact on shareholders or the stock price. It simply confirms that internal audit functions at both units are in place for the new financial year.