Bharat Textiles secretarial auditor resigns with immediate effect
M/s Jain Sonesh & Associates resigned as the Secretarial Auditor of Bharat Textiles & Proofing Industries Ltd effective July 07, 2026, citing professional and administrative reasons. The company confirmed no material issues or management concerns led to the resignation. The Board will appoint a new auditor for the Financial Year 2025-26 in due course.
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M/s Jain Sonesh & Associates resigned as the Secretarial Auditor of Bharat Textiles & Proofing Industries Ltd effective July 07, 2026, due to professional and administrative reasons. The resignation, which takes effect from the Financial Year 2025-26, was communicated via a letter dated July 07, 2026. The company confirmed that there were no concerns raised by the auditor regarding the management and no material reason for the departure.
The disclosure was made to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation letter stated that no Secretarial Audit Report had been issued for the Financial Year 2025-26 up to the date of resignation. The Audit Committee and the Board of Directors will consider the appointment of a new secretarial auditor in due course, and the intimation will be made accordingly.
Details of Resignation
The following table outlines the particulars of the change in the secretarial auditor position as per the regulatory disclosure:
| Sr. No. | Particulars | Details |
|---|---|---|
| 1. | Name of the Secretarial Auditor | M/s Jain Sonesh & Associates, Practicing Company Secretaries |
| 2. | Reason for change | Resignation due to Professional and administrative reasons |
| 3. | Date of Resignation | July 07, 2026 |
| 4. | Brief profile | Not Applicable |
| 5. | Disclosure of relationship between directors | Not Applicable |
The resignation was submitted by Sonesh Jain, Proprietor of M/s Jain Sonesh & Associates, bearing Membership No. FCS-9627 and CP No. 11865. The company has enclosed the resignation letter with its regulatory filing.
Historical Stock Returns for Bharat Textiles & Proofin
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.99% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Who will Bharat Textiles appoint as the new secretarial auditor to ensure compliance for FY 2025-26?
How might the delay in issuing the Secretarial Audit Report impact the company's regulatory filings?
Will the resignation of M/s Jain Sonesh & Associates trigger any scrutiny from SEBI or other regulators?
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