Lovable Lingerie re-appoints ASSP & Co as internal auditor for FY 2026-27
Lovable Lingerie Limited's board has re-appointed M/S ASSP & Co as internal auditor for FY 2026-27 based on the Audit Committee's recommendation. The appointment was approved during a board meeting held on May 29, 2026. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
*this image is generated using AI for illustrative purposes only.
Lovable Lingerie Limited has re-appointed M/S ASSP & Co as its internal auditor for FY 2026-27 following a recommendation by its Audit Committee. The decision was approved during a board meeting held on May 29, 2026. The re-appointment ensures continuity in the company's internal audit oversight for the upcoming financial year.
The board meeting, which commenced at 5:15 P.M. and concluded at 6:30 P.M., sanctioned the appointment. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025CFDPOD2/I/3762/2026 dated January 30, 2026.
Re-appointment Details
The re-appointment of M/S ASSP & Co covers the financial year 2026-2027. The firm brings a team of professionals with experience ranging from 8 to 22 years in audit and accounting services. The key details of the appointment are outlined below:
| Sr. No. | Particulars | Disclosures |
|---|---|---|
| 1 | Name of the company | Lovable Lingerie Limited |
| 2 | Name of the auditor | M/S ASSP & Co |
| 3 | Reason for Change viz. appointment | Re-appointment |
| 4 | Date of appointment | 29 May 2026 |
| 5 | Terms of Appointment/Reappointment | Financial Year 2026-2027 |
| 6 | Brief Profile | As attached |
| 7 | Disclosure of relationship between directors | NA |
Auditor Profile
M/S ASSP & Co offers a range of services including internal audit for listed companies, statutory audit under the Companies Act, and tax audit under the Income Tax Act. The firm's team includes partners Mr. Ravi. S and Mr. Srinivas Prasad K, along with consultants and assistants supporting accounting, statutory compliance, and salary processing functions. The firm has previously served as an internal auditor for JSO CATHEDRAL and currently acts as the statutory auditor for JACOBITE SYRIAN CHRISTIAN CHURCH BANGALORE DIOCESE TRUST.
Historical Stock Returns for Lovable Lingerie
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.84% | +6.82% | +5.66% | -8.76% | -23.15% | -36.70% |
Will the continuity provided by re-appointing M/S ASSP & Co enable Lovable Lingerie to implement more complex risk management strategies in FY 2026-27?
How might the re-appointment influence investor confidence regarding the company's compliance and governance standards ahead of the upcoming financial year?
Does the re-appointment signal a broader strategy to maintain stability in the company's financial oversight amidst potential market volatility?
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