Shish Industries Limited has notified the Bombay Stock Exchange (BSE) of a change in the name of its appointed secretarial audit firm. The firm previously known as M/s. ALAP & Co. LLP is now operating as M/s. Prasad and Partners LLP.

This intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on September 24, 2026. The company clarified that this update follows an earlier disclosure dated September 5, 2025, regarding the original appointment of the audit firm for a five-year term commencing from FY26.

Nature of the change

The company stated that the modification is strictly administrative, pertaining only to the nomenclature of the professional services firm. The core engagement parameters remain unaffected by this rebranding or restructuring of the auditor entity.

The appointment remains valid for 5 consecutive financial years starting from April 1, 2025. Shish Industries requested BSE to update its records to reflect the new firm name while retaining all existing compliance obligations associated with the original appointment.

Shish Industries has approved the amalgamation of its two wholly owned subsidiaries, Shish Polylam Private Limited and Shish Global Solutions Private Limited, into the parent company. The board meeting held on September 23, 2026, sanctioned the composite scheme to streamline the corporate structure.

The proposal falls under sections 230 to 232 of the Companies Act, 2013. The scheme involves the transfer of all assets, liabilities, rights, and obligations from the subsidiaries to Shish Industries. The move aims to consolidate operations under a single entity, enhancing operational efficiency and simplifying compliance requirements.

Regulatory Approvals

The Board authorised all necessary actions incidental to the scheme, including filings before the National Company Law Tribunal (NCLT), Ministry of Corporate Affairs, Registrar of Companies, SEBI, and stock exchanges. The amalgamation is subject to final sanction by the NCLT, Ahmedabad Bench, and other applicable statutory approvals.

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company informed BSE Limited of the outcome. The disclosure was issued by Satishkumar Dayabhai Maniya, Chairman and Managing Director. Details required under the SEBI Master Circular dated January 30, 2026, were enclosed as an annexure to the filing.

Trading Window Status

The trading window for designated persons and their immediate relatives had been closed since September 19, 2026. This restriction remains in effect until 48 hours after the public announcement of the board meeting outcome. This measure aligns with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct.

Corporate Profile

Shish Industries operates as a manufacturer of P.P. Hollow Sheet and Air bubble film. The company is registered in Gujarat with its factory located in Surat. The amalgamation process involves shareholders and creditors of the respective entities, aiming to create a unified corporate entity.