Kitex Garments has appointed K. Venkatachalam Aiyer & Co as its internal auditor for the financial year 2026-2027. The Board of Directors approved the appointment on June 30, 2026, following a recommendation from the Audit Committee. The firm will serve as the internal auditor for the duration of the upcoming financial year.

The decision was taken during a board meeting that commenced at 3.30 p.m. and concluded at 4.30 p.m. on June 30, 2026. The appointment is disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

K. Venkatachalam Aiyer & Co is described as one of the oldest firms of Chartered Accountants in India. The firm operates several branches across the country and has established a reputation through the quality of its services and excellence in delivery.

The details of the appointment, including the reason for the change and the brief profile of the auditor, were submitted to the stock exchanges as required under SEBI regulations. The appointment is effective from June 30, 2026.

Kitex Garments will convene meetings for its equity shareholders and unsecured creditors on July 24, 2026, to seek approval for a scheme of arrangement involving the demerger of Kitex Childrenswear. The meetings, mandated by the National Company Law Tribunal (NCLT), Kochi Bench, will be held via video conferencing or other audio visual means to facilitate the consideration of the demerger scheme under Sections 230 to 232 of the Companies Act, 2013.

The equity shareholders' meeting is scheduled for 11:00 A.M. on July 24, 2026, followed by the unsecured creditors' meeting at 02:30 P.M. on the same day. The scheme proposes the demerger of Kitex Childrenswear Limited (Demerged Company) and Kitex Garments Limited (Resulting Company), requiring approval from both stakeholder groups to proceed.

Remote e-voting for both meetings will commence on July 20, 2026, at 9:00 A.M. and conclude on July 23, 2026, at 5:00 P.M. Eligibility to vote is determined by specific cut-off dates: equity shareholders whose names appear in the register of members or beneficial owners as of July 17, 2026, are entitled to vote. Unsecured creditors must be included in the company's list as of March 31, 2026, to participate.

Voting rights for equity shareholders will be proportional to their shareholding in the paid-up equity share capital as of the cut-off date. For unsecured creditors, voting rights are proportionate to the outstanding amount due to the company as of the close of business hours on March 31, 2026.

Notices containing the explanatory statement and relevant annexures have been dispatched to shareholders and creditors via email and post. The documents are also accessible on the company's website and through specific links provided for each meeting type. Newspaper advertisements regarding the meetings were published in The Hindu Business Line and Mathrubhumi on June 23, 2026.