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Typhoon Holdings Ltd has appointed M/s. S K Bhavsar & Co., Chartered Accountants (Firm Registration No. 0145880W) as its new Statutory Auditor. The appointment was approved by shareholders at the Annual General Meeting held on 30th September 2024. This is a first-term appointment covering a 5-year period from 1st April 2024 to 31st March 2029. The firm is a proprietorship based in Ahmedabad, Gujarat, with over 5 years of experience in accounting, taxation, GST, and listing-related matters.
This is a routine regulatory requirement fulfilled through shareholder approval at the AGM. The new auditor appointment for a full 5-year term is standard corporate governance and is unlikely to have any material impact on the stock price or shareholder value.