Globale Tessile Limited company name has appointed M/s. Rohit Periwal & Associates as its Secretarial Auditor for a three-year term. The Board of Directors approved the appointment on July 28, 2026, based on the recommendation of the Audit Committee. The engagement covers the financial years FY27 through FY29 and remains subject to approval by shareholders at the company’s ensuing Annual General Meeting.

The Board meeting commenced at 06:00 P.M. (IST) and concluded at 06:30 P.M. (IST). The appointment was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified both the Bombay Stock Exchange and the National Stock Exchange of India Limited of the decision on the same day.

Auditor Profile

M/s. Rohit Periwal & Associates is a peer-reviewed firm of Company Secretaries in Practice, holding Firm Registration Number S2019GJ677700. The firm is led by CS Rohit Periwal (FCS No. 12203, CP No. 22021). Its practice areas include corporate law, secretarial and regulatory compliances under the Companies Act, 2013, and SEBI Regulations. Specific expertise includes Secretarial Audit, Annual Secretarial Compliance Report, Corporate Governance, Due Diligence, Listing Compliances, certifications, and advisory services for listed and unlisted companies, LLPs, and other business entities.

The filing confirms that there is no relationship between the directors of Globale Tessile Limited and the appointed auditor, as this disclosure is not applicable in this context. The appointment replaces any prior arrangement for the specified tenure, ensuring continuity in regulatory compliance oversight for the textile manufacturer.

globale tessile has announced that M/s. Malay Desai & Associates has resigned as its secretarial auditor with immediate effect. The resignation, dated July 27, 2026, was submitted by Malay Desai, Proprietor of the firm, citing pre-occupation with other assignments. This development requires the company to appoint a new secretarial auditor to ensure continued compliance with corporate governance norms.

The intimation was issued pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also references Part A of Schedule III to the said regulations, along with SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, and SEBI Circular no. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023. These regulatory frameworks mandate timely disclosure of changes in statutory auditors to stock exchanges.

Details of Resignation

M/s. Malay Desai & Associates, based in Ahmedabad, served as the secretarial auditor for Globale Tessile Limited. The firm has conveyed no objection to the appointment of a replacement auditor. The cessation of services is effective from July 27, 2026.

Kinnari Gosaliya, Company Secretary of Globale Tessile Limited (ICSI Membership No.: A79793), signed the intimation letter addressed to the Bombay Stock Exchange and the National Stock Exchange of India Limited. The letter confirms that M/s. Malay Desai & Associates is no longer associated with the company in the capacity of secretarial auditor.

Regulatory Compliance

The company is required to file further disclosures regarding the appointment of a new secretarial auditor within the timelines prescribed by SEBI regulations. Shareholders and stakeholders are advised to monitor subsequent filings for updates on the new audit appointment. The resignation does not indicate any disagreement with the company’s financial statements or governance practices, as the cited reason is professional workload management.