Reappointment of Statutory Auditors
Awaiting price reaction for this filing.
The Board of Narbada Gems and Jewellery Ltd has approved the reappointment of M/s. Anant Rao & Mallik, Chartered Accountants, as the company's Statutory Auditor for a second term of 5 consecutive years. The reappointment starts from the end of the 33rd Annual General Meeting (AGM) and continues until the conclusion of the 38th AGM, which is expected to be held in 2030. The firm is based in Hyderabad and has been in operation since 1983, offering audit, accounting, tax, and related services. The decision was taken on August 9, 2025, based on the recommendation of the Audit Committee.
This is a routine corporate governance event with no material impact on shareholders or stock price. The continuation of the existing auditor provides continuity in financial oversight for the next 5-year cycle.