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Siddheswari Garments Ltd's Board of Directors, at a meeting held on December 4, 2025, approved the appointment of M/s N Dokania & Associates, Chartered Accountants (Firm Registration No. 014403C), as the new Statutory Auditors of the company. This appointment is in place of the previous auditor M/s R K Bajaj & Co., and is effective until the company's next General Meeting. The new audit firm offers statutory audits, internal audits, taxation, compliance advisory, and financial reporting services across India. The Board recommended this change based on the Audit Committee's suggestion.
This is a routine auditor change with the new auditor appointed only until the next AGM, suggesting the previous auditor's term ended or they were replaced mid-cycle. For shareholders, the change itself is neutral, but any underlying issues with the prior auditor's departure would warrant closer attention.