Marc Loire Fashions Limited has formally responded to the BSE's inquiry regarding recent share price movements, clarifying that the fluctuations are purely market-driven with no underlying unpublished price sensitive information.

Company's Official Response to BSE

In a communication dated April 7, 2026, Marc Loire Fashions addressed the BSE's clarification request under Regulation 30 of SEBI (LODR) Regulations, 2015. The company provided a comprehensive response regarding the movement in its share price across exchanges.

Regulatory Compliance Confirmation

The fashion company emphasized its adherence to disclosure norms, stating that all disclosures required under Regulation 30 and other applicable provisions have been duly complied with and communicated to stock exchanges within prescribed timelines. Company Secretary and Compliance Officer Vasant Kuber Soni signed the official response, confirming the company's commitment to regulatory transparency.

Key Clarifications Provided

Marc Loire Fashions specifically addressed several aspects in its response to the surveillance department:

• The company has no awareness of any material events that could have triggered significant share price movement
• All mandatory disclosures have been completed as per regulatory requirements
• No pending price sensitive information or announcements are awaiting disclosure
• The company possesses no knowledge of rumors or reports that may have influenced share price behavior

Future Disclosure Commitment

The company reaffirmed its commitment to maintaining transparency with stock exchanges, assuring that all information and announcements required under applicable regulations will be disclosed as and when necessary. This response demonstrates Marc Loire Fashions' proactive approach to regulatory compliance and investor communication.

The formal clarification serves to address market concerns while reinforcing the company's adherence to SEBI guidelines and commitment to transparent corporate governance practices.

Marc Loire Fashions Limited announced the appointment of M/s S U V & Co. (FRN: 029077N) as its new Internal Auditor for Financial Year 2025-26, following the merger of its existing Internal Auditor firm. The board approved this appointment on March 14, 2026, in compliance with SEBI regulations.

Internal Auditor Change Due to Firm Merger

The appointment follows the merger of the existing Internal Auditor firm, M/s B A R & Associates, with another Chartered Accountant firm, M/s K K N & Associates. This merger resulted in the cessation of M/s B A R & Associates as the company's Internal Auditor and the constitution of the new firm, M/s S U V & Co.

New Auditor Profile and Expertise

M/s S U V & Co. is a reputed Chartered Accountants firm with partners having over 10 years of experience. The firm specializes in various professional services including Audits, Management Consultancy, and Taxation. As Internal Auditors, the firm adopts a risk-based and process-oriented approach to evaluate internal controls, identify risks, enhance efficiency, and ensure regulatory compliance.

Regulatory Compliance and Documentation

The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, based on the recommendation of the Audit Committee. The company filed the required disclosure with BSE under scrip code 544437 and trading symbol MARCLOIRE.

Company Secretary and Compliance Officer Vasant Kuber Soni signed the disclosure document, ensuring proper regulatory compliance and transparency with stakeholders. The board meeting was held at the company's registered office in Delhi, with all necessary documentation provided as per SEBI Master Circular requirements.