BSEU. H. Zaveri LtdMediumNeutral
Announced Thu, 4 Sept · 19:47 IST

Appointment of Statutory Auditor

Management Changes View source PDF

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AI summary

U. H. Zaveri Limited's Board has approved the appointment of M/s Shah Karia & Associates, Chartered Accountants (FRN: 131546W1), as the company's new Statutory Auditor. The appointment is for a five-year term covering FY 2025-26 to FY 2029-30, effective from April 1, 2025. The decision was recommended by the Audit Committee and follows the provisions of the Companies Act, 2013. The appointment still needs approval from shareholders at the upcoming Annual General Meeting. Shah Karia & Associates is an Ahmedabad-based chartered accountancy firm established in 2010, offering services in audit, taxation, risk advisory, and transaction advisory.

Likely market impact

This is a routine regulatory disclosure with no material impact on shareholders. The appointment is subject to shareholder approval and signals standard governance compliance rather than any concern about the previous auditor or company operations.