BSEShree Bhavya Fabrics LtdMediumNeutral
Announced Wed, 28 May · 19:17 IST

INTIMATION OF APPOINTMENT OF M/S SHAH & SHAH ASSOCIATES COMPANY SECRETARY IN PRACTICE AS A SECRETARIAL AUDITOR FOR PERIOD OF 5 YEARS SUBJECT TO APPROVAL OF MEMBERS IN GENERAL MEETING INTIMATION ....

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Shree Bhavya Fabrics Ltd met on May 28, 2025 and approved the audited standalone financial results for the financial year ended March 31, 2025. The Board also approved the appointment of M/s Shah & Shah Associates, Practicing Company Secretaries (Ahmedabad), as the Secretarial Auditor for a 5-year term from April 1, 2025 to March 31, 2030, subject to shareholder approval at the upcoming AGM. Additionally, M/s Kiran J. Mehta & Co. was appointed as Cost Auditor and M/s Kamal M Shah & Co. as Internal Auditor for FY 2025-26. The statutory auditor issued an unmodified opinion on the annual accounts.

Likely market impact

These are routine compliance and governance actions with no material impact on shareholders. The 5-year secretarial auditor appointment signals long-term stability in compliance oversight, and the clean audit opinion on FY25 results is mildly positive.