Material subsidiary appoints SMNK and Co as statutory auditor for 5 years
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Material subsidiary Vashishtha Embroideries Private Limited has appointed M/s. SMNK and Co., Chartered Accountants (FRN 134153W) as its statutory auditor for a 5-year term, from the AGM held on 22 September 2026 until the AGM in 2031. SMNK and Co. is a Gujarat-based ICAI peer-reviewed firm with roots dating back to 1996, formed through mergers of several earlier firms, and now has five fellow members and over 15 professionals across Gujarat, Madhya Pradesh and Rajasthan.
Routine governance update at the subsidiary level. No immediate material impact on parent company shareholders or stock price.