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.

Marc loire fashions Limited has expanded its retail presence with the opening of a new store in Delhi on January 26, 2026. The company disclosed this development to the Bombay Stock Exchange as part of its regulatory compliance obligations under SEBI listing requirements.

Store Expansion Details

The new Marc Loire store has been established at B-12/B, Majlis Park, Adarsh Nagar, Delhi-110033. This strategic location in Delhi's Adarsh Nagar area represents the company's continued efforts to strengthen its retail footprint in key metropolitan markets.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about material events and corporate developments that could impact investor decisions.

The announcement was signed by Vasant Kuber Soni, Company Secretary & Compliance Officer (Membership No: A66674), and submitted to the BSE on the same day as the store opening. The company trades on the Bombay Stock Exchange under the scrip code 544437 and trading symbol MARCLOIRE.

Business Growth Trajectory

With this latest addition, Marc Loire Fashions Limited now operates 4 retail stores in total. The expansion demonstrates the company's commitment to growing its physical retail presence and reaching customers through brick-and-mortar locations alongside its other business channels.

The Delhi store opening reflects the company's strategic focus on establishing presence in major urban centers, where fashion retail typically sees strong consumer demand and foot traffic.