please find attached below intimation for appointment of statutory auditors
Awaiting price reaction for this filing.
Ashapura Intimates Fashion Ltd has appointed M/s. N.K. Sarraf & Associates, Chartered Accountants (FRN 021945N) as Statutory Auditors for two consecutive terms of five years each, covering FY2018-19 to FY2023-24 and FY2023-24 to FY2027-28. The appointment is based on the recommendation of the Audit Committee and Board, and remains subject to shareholder approval at the upcoming Annual General Meeting. N.K. Sarraf & Associates is a chartered accountancy firm established in 2008 offering audit, assurance, certification, tax advisory, and company law services. The appointment was made at a Board meeting held on May 21, 2025 in Ahmedabad.
This is a routine corporate governance disclosure. The appointment of statutory auditors is a regulatory requirement and is unlikely to have a material impact on the stock price, though shareholders will get to vote on the appointment at the AGM.