Harish Textile re-appoints Y. S. Thakar & Co. as cost auditor
Harish Textile Engineers Limited has re-appointed M/s Y. S. Thakar & Co. as its cost auditor for FY26-27. The Board approved the appointment on May 30, 2026, effective from June 30, 2026, for a one-year term.
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harish textile engineers has re-appointed M/s Y. S. Thakar & Co. as its cost auditor for the financial year 2026-27. The Board of Directors approved the re-appointment during its meeting held on May 30, 2026. The firm will conduct the cost audit for the company, ensuring compliance with regulatory requirements.
The appointment is effective from June 30, 2026, for a term of one year. M/s Y. S. Thakar & Co., a firm of Cost & Management Accountants, was previously serving in the same capacity. The decision was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Appointment Details
The following table outlines the key details of the re-appointment:
| Sr. No. | Particulars | Details |
|---|---|---|
| 1 | Name and Address of the Firm | Name of Auditor: Yashodhar S. Thakar Name of Firm: M/s Y. S. Thakar & Co. Office Address: 305, Ujjval Complex, 03rd Floor, Centre Wing, Near Akota Stadium, Akota, Vadodara-390020. Email: ysthakar@gmail.com |
| 2 | Reason for change | Re-appointment as Cost Auditor of the Company. |
| 3 | Date of Appointment | 30th June, 2026 Appointment for the Financial Year 2026-27. |
| 4 | Term of Appointment | Mr. Yashodhar Shashikant Thakar, Lead Partner of M/s Y. S. Thakar & Co., Cost & Management Accountants, has been appointed as the Cost Auditor of the Company for a term of one year for the Financial Year 2026-27. |
| 5 | Brief Profile | M/s Y. S. Thakar & Co. is a leading firm of Cost & Management Accountants in the State of Gujarat, promoted by Mr. Y. S. Thakar, a Cost & Management Accountant with more than 35 years of experience in the fields of Cost Accounting, Audit and Finance. The firm services a large number of corporate clients across India and is supported by a team of qualified professionals. Fields of Expertise: Cost Audit, Cost Accounting, Profitability Analysis, Cost Optimization, Stores Accounting and Audit, Stock Valuation and Fixed Asset Management. |
| 6 | Disclosure of relationship between Directors | Not Applicable |
The disclosure was submitted to BSE Limited under the reference scrip code 542682. The company confirmed that there are no other material details to be disclosed regarding this appointment.
Historical Stock Returns for Harish Textile Engineers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.84% | +0.47% | +3.06% | +7.83% | +0.72% | +61.94% |
What cost optimization strategies is Harish Textile Engineers likely to prioritize with the auditor's expertise in the upcoming fiscal year?
How might the re-appointment of the same auditor impact the company's cost control measures compared to bringing in a new firm?
Could the focus on cost audit indicate potential margin pressures in the textile engineering sector for FY 2026-27?
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