Mahalaxmi Fabric Mills has appointed M/s. Rohit Periwal & Associates as its secretarial auditor for a period of three consecutive financial years, covering FY27 through FY29. The Board of Directors approved the appointment on July 28, 2026, following a recommendation from the Audit Committee. This appointment ensures continuity in corporate governance oversight and regulatory compliance monitoring for the textile manufacturer. The engagement remains subject to ratification by shareholders at the company’s ensuing Annual General Meeting.

The appointment was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting, which commenced at 05:15 P.M. (IST) and concluded at 05:45 P.M. (IST), formally authorized the intimation to the stock exchanges. The firm holds registration number S2019GJ677700 and is recognized as a peer-reviewed firm of company secretaries in practice.

M/s. Rohit Periwal & Associates is led by CS Rohit Periwal, who holds FCS No. 12203 and CP No. 22021. The firm specializes in corporate law, secretarial compliances under the Companies Act, 2013, and SEBI Regulations. Its core areas of expertise include secretarial audits, annual secretarial compliance reports, corporate governance advisory, due diligence, and listing compliances for both listed and unlisted entities.

The firm’s address is located at 182, 2nd Floor, New Cloth Market, Ahmedabad-380002. There are no disclosed relationships between the auditor and the directors of Mahalaxmi Fabric Mills Limited. The company has submitted the requisite details to the Bombay Stock Exchange and the National Stock Exchange of India Limited in compliance with SEBI Circular ref SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Mahalaxmi Fabric Mills has accepted the resignation of M/s. Malay Desai & Associates as its Secretarial Auditor, effective July 27, 2026. The firm cited pre-occupation with other assignments as the reason for stepping down from the role. This change requires the company to appoint a new secretarial auditor to ensure continued compliance with corporate governance norms and regulatory filing requirements.

The company notified the Bombay Stock Exchange and the National Stock Exchange of India Limited regarding the cessation of services on July 27, 2026. The intimation was filed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also referenced Part A of Schedule III to the said Regulations.

Further regulatory context was provided by citing specific SEBI Master Circulars. The filing aligns with circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, and circular no. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023. These guidelines mandate timely disclosure of changes in key managerial personnel and auditors to ensure market transparency.

M/s. Malay Desai & Associates submitted a formal resignation letter to the Board of Directors on July 27, 2026. In their correspondence, the firm stated they were resigning due to pre-occupation with other assignments. They conveyed no objection to the appointment of any other secretarial auditor as a replacement. Malay Desai, the proprietor of the firm, signed the resignation letter.

Resignation Details

The company’s Company Secretary, Hilery Mashrani, digitally signed the exchange communication on July 27, 2026. The firm’s office is located at 1503, Westport, Nr. TAJ Sky line, Nr. S.P. Ring Road, Ahmedabad. Mahalaxmi Fabric Mills Limited is headquartered at Mahalaxmi House, YSL Avenue, Ambawadi, Ahmedabad.