Kaytex Fabrics Re-Appoints M/s. Meenu & Associates as Cost Auditors for FY 2026-27
Kaytex Fabrics Limited's Board of Directors, at their meeting on May 15, 2026, approved the re-appointment of M/s. Meenu & Associates (Firm Registration No. M27429), Cost Accountants based in Ludhiana, Punjab, as Cost Auditors for FY 2026-27. The board meeting commenced at 1.57 pm and concluded at 2.11 pm. The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was signed by Amit Kandhari, Whole-Time Director & CFO.
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Kaytex Fabrics Limited announced the re-appointment of M/s. Meenu & Associates, Cost Accountants, Ludhiana, Punjab, as Cost Auditors of the Company for Financial Year 2026-27. The decision was taken at a Board of Directors meeting held on Friday, May 15, 2026, and was disclosed to the National Stock Exchange of India Limited in accordance with Regulation 30 read with Schedule III and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Board Meeting Details
The Board meeting was convened and concluded on the same day, with the proceedings formally recorded. The disclosure also references SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, under which the detailed annexure was enclosed. The announcement was signed by Amit Kandhari, Whole-Time Director & CFO (DIN: 01412828).
| Parameter: | Details |
|---|---|
| Meeting Date: | May 15, 2026 |
| Meeting Commencement: | 1.57 pm |
| Meeting Conclusion: | 2.11 pm |
| Regulatory Reference: | Regulation 30, SEBI LODR Regulations, 2015 |
| Signatory: | Amit Kandhari, Whole-Time Director & CFO |
Re-Appointment of Cost Auditor
The re-appointment pertains to M/s. Meenu & Associates for the Financial Year 2026-27. The firm holds Firm Registration No. M27429 and is based in Ludhiana, Punjab. The effective date of re-appointment is May 15, 2026, as disclosed under Annexure A filed with the exchange.
| Parameter: | Details |
|---|---|
| Firm Name: | M/s. Meenu & Associates |
| Designation: | Cost Auditors |
| Firm Registration No.: | M27429 |
| Location: | Ludhiana, Punjab |
| Appointment Type: | Re-Appointment |
| Applicable Financial Year: | FY 2026-27 |
| Date of Re-Appointment: | May 15, 2026 |
Profile of M/s. Meenu & Associates
The firm is led by Meenu Verma, a qualified Cost & Management Accountant (CMA) and a member of the Institute of Cost Accountants of India (Membership No. M27429). She brings over 17 years of professional experience in cost accounting, financial management, and consultancy. Her areas of expertise include:
- Cost Audit and Internal Audit
- Compliance, budgeting, and cost control systems
- Strategic financial solutions across multiple industries
Meenu Verma has worked extensively across industries including Textiles, Pharma, Power, Chemicals, Engineering, and Infrastructure. The disclosure confirms that there are no relationships between directors in connection with this appointment.
Regulatory Compliance
The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. Kaytex Fabrics, a specialist in suitings and shirtings with its sales office located at Amritsar, submitted the requisite Annexure A detailing the appointment particulars to the National Stock Exchange of India Limited.
How might the findings from M/s. Meenu & Associates' cost audit for FY 2026-27 influence Kaytex Fabrics' pricing strategy and profit margins in the competitive suitings and shirtings market?
Could the continuity of the same cost auditor signal a focus on cost optimization initiatives at Kaytex Fabrics, and what operational improvements might shareholders expect in the near term?
Given Meenu Verma's expertise across textiles and multiple industries, how might her cross-sector insights help Kaytex Fabrics benchmark its cost structures against broader industry peers?
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