MANYAVARNSEVedant Fashions LimitedMediumNeutral
Announced Wed, 25 Jun · 17:33 IST

The Board of Directors of the Company at its meeting held today i.e., 25th June, 2025 has approved the appointment of M/s. Grant Thornton Bharat LLP, as Internal Auditors of the Company.

Management Changes View source PDF

MANYAVAR · price

Loading chart…

▲ 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

On June 25, 2025, the Board of Vedant Fashions (known for the Manyavar brand) approved two audit-related items. First, it appointed M/s. M&A Associates, a Kolkata-based firm of Practicing Company Secretaries, as the new Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming AGM. Second, it re-appointed M/s. Grant Thornton Bharat LLP as the Internal Auditor (External) for FY 2025-26 under the Companies Act, 2013. Both appointments are routine compliance disclosures required under SEBI Listing Regulations.

Likely market impact

This is a routine governance and compliance announcement with no material impact on business or shareholders. The continued engagement of a reputable firm like Grant Thornton for internal audit and a new long-term secretarial auditor should reassure investors about the company's adherence to regulatory and governance standards.