BSETusaldah LtdMediumNeutral
Announced Thu, 26 Jun · 19:41 IST

Appointment of Statutory Auditor of the Company

Ceo Appointed ExternalMultiple Ind Directors ResignedAuditor Resigned MidtermPromoter Family Board EntryManagement 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

Following an open offer, Mr. Sandeep Agrawal and his wife Mrs. Anupriya Agrawal have become the new promoters of the company, replacing the erstwhile promoter group. Mr. Sandeep Agrawal was appointed as CEO and Mrs. Anupriya Agrawal as Whole Time Director, both effective June 26, 2025. Three directors resigned: two independent directors (Mr. Charan Singh and Mr. Sunil Kumar Bairwa) effective June 19, 2025, and one non-executive director (Mr. Dharmesh Saraiya) effective June 16, 2025. A new statutory auditor, M/s. N.D. Kapur & Co., was appointed to fill the casual vacancy caused by the resignation of the previous auditor M/s. R Sogani & Associates. The company also announced a name change from 'High Street Filatex Limited' to 'Tusen Limited' and shifting of its registered office from Jaipur to Mumbai, both subject to shareholder approval.

Likely market impact

This represents a complete change of control and governance reset. Shareholders should note that the new promoter family is now firmly in charge with their own people as CEO and Whole Time Director, while multiple independent directors have exited. The auditor change and rebranding signal a fresh start, but investors should watch for clarity on the new business direction under the Tusen Limited identity.