RFBL Flexi Pack appoints new statutory auditor effective July 02, 2026
RFBL Flexi Pack appointed M/s. Sarang Shivajirao Chavan and Associates as statutory auditor effective July 02, 2026, following the resignation of M/s B.S. Thakker & Co. due to the completion of its five-year tenure. The new auditor will hold office until the conclusion of the ensuing general meeting.
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RFBL Flexi Pack has appointed M/s. Sarang Shivajirao Chavan and Associates as its statutory auditor effective July 02, 2026. The Board of Directors approved the appointment based on the recommendation of the audit committee. The new firm, holding registration number 159649W, will serve until the conclusion of the company's ensuing general meeting.
The appointment follows the resignation of the previous auditor, M/s B.S. Thakker & Co., Chartered Accountants. The firm resigned effective July 02, 2026, citing the completion of its tenure. B.S. Thakker & Co. was originally appointed at the 16th Annual General Meeting for a period of five consecutive years, serving until the conclusion of the 21st AGM for FY 2025-26. The Board placed on record its appreciation for the outgoing auditor's guidance and contribution.
Auditor Details
The transition in statutory auditors was disclosed to the National Stock Exchange in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed annexures outlining the profiles and reasons for the change in auditors.
| Particulars | Details |
|---|---|
| New Auditor | M/s. Sarang Shivajirao Chavan and Associates, Chartered Accountants |
| Firm Registration No. | 159649W |
| Effective Date | July 02, 2026 |
| Tenure | Till the conclusion of the ensuing general meeting |
| Outgoing Auditor | M/s B.S. Thakker & Co., Chartered Accountants |
| Firm Registration No. | 123051W |
| Reason for Resignation | Completion of Tenure |
The outgoing auditor confirmed that it had issued an unmodified opinion on the standalone audit report for the year ended March 31, 2026, on May 30, 2026. There were no material reasons for the resignation other than the completion of the term.
Historical Stock Returns for RFBL Flexi Pack
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +19.95% | +15.83% | +34.64% | +74.59% | +74.59% | +74.59% |
Will the appointment of M/s. Sarang Shivajirao Chavan and Associates lead to any changes in RFBL Flexi Pack's internal control assessments?
How might the transition in auditors influence investor confidence ahead of the company's ensuing general meeting?
What criteria did the audit committee prioritize when recommending the new statutory auditor?
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