With reference to earlier disclosure dated 5th September 2025 filed under regulation 30 SEBI (LODR) Regulations 2015, we wish to submit additional details regarding appointment of statutory ....
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Awaiting price reaction for this filing.
Super Fine Knitters Ltd has appointed M/s Sumit Bharti & Associates, Chartered Accountants (FRN: 015301N, based in Ludhiana), as the new statutory auditor of the company. The appointment was approved by the Board on 5th September 2025 and is valid until the conclusion of the 27th Annual General Meeting scheduled for 30th September 2025, subject to shareholder approval. The new auditor was brought in because the previous statutory auditor resigned, and shareholder approval will be sought at the upcoming AGM. The new firm holds a valid ICAI Peer Review Certificate and claims experience in statutory, tax, and internal audits across industries. This filing is a supplementary disclosure to the company's earlier announcement dated 5th September 2025.
The mid-term change of statutory auditor — where the previous auditor resigned — may raise minor governance questions among investors, but the company is acting within SEBI disclosure rules and seeking shareholder ratification at the AGM. Short-term share price impact is likely limited, though watch for the AGM outcome and any further clarity on why the previous auditor stepped down.