eastern silk industries has appointed M/s Vyas and Vyas, Chartered Accountants, as its statutory auditor effective July 7, 2026. The appointment fills the casual vacancy caused by the resignation of M/s B K Shroff & Co. The new firm will hold office until the conclusion of the ensuing Annual General Meeting.

The Board of Directors approved the appointment based on the recommendation of the Audit Committee and subject to shareholder approval. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Vyas and Vyas is a professionally managed Chartered Accountancy Firm registered with The Institute of Chartered Accountants of India (ICAI). The firm holds a Peer Review certification from ICAI and has expertise in Statutory Audit, Tax Audit, Internal Audit, and related advisory services.

The table below details the change in auditors:

Eastern Silk Industries Limited has appointed Mr. Aayush Goel as its Chief Financial Officer and Key Managerial Personnel effective July 1, 2026. The Board of Directors approved the appointment based on recommendations from the Nomination and Remuneration Committee and the Audit Committee. Additionally, the Board appointed Mr. Dilip Shah as the Internal Auditor for the financial year 2026-27 in terms of Section 138 of the Companies Act, 2013.

Mr. Aayush Goel is a qualified Chartered Accountant with extensive experience in finance, accounts, and internal financial systems. His expertise includes designing process controls, strategic financial planning, and risk assessment. He is skilled in internal audit, corporate finance, taxation, and regulatory compliance, with a strong understanding of Corporate Accounting Standards and Corporate Laws.

Mr. Dilip Shah, appointed as Internal Auditor effective June 27, 2026, is a Chartered Accountant with significant experience in internal audit and internal financial controls. The appointments align with the disclosures required under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015.

Key Appointments

The Board has also authorized specific Key Managerial Personnel to determine the materiality of events or information for necessary disclosures to the stock exchanges. This authorization is pursuant to Regulation 30(5) of the SEBI Listing Regulations and the company's policy for determining materiality.