APPOINTMENT OF COST AUDITOR FOR THE FY 2026-27

Salora International's Board approved appointment of M/s Guninder Chopra & Co. as Cost Auditors for FY 2026-27. The filing also includes audited financial results showing significant challenges: revenue declined 14% to Rs 5,241.80 lac from Rs 6,107.45 lac in the prior year. The company reported a net loss of Rs 407.46 lac compared to Rs 132.61 lac loss previously, widening losses by over 3x. An exceptional item of Rs 237.77 lac was recorded due to lapse of deferred tax assets on unabsorbed business losses. On a positive note, operating cash flows turned positive at Rs 481.26 lac (vs negative Rs 471.32 lac last year). Related party transactions were disclosed with Devi Electronics Pvt Ltd (sale of goods Rs 419.55 lac) and loans/interest transactions with Managing Director Gopal Sitaram Jiwarajka (loans taken Rs 1,821.06 lac, repaid Rs 2,089.57 lac). The statutory auditor issued an unmodified (clean) opinion on the financial statements.