Shiv Texchem accepts resignation of Nandkishore & Co. as internal auditor

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • M/s. Nandkishore & Co. resigned as internal auditor on August 22, 2026
  • The firm cited professional commitments and pre-occupancy as reasons
  • The resignation was filed under Regulation 30 of SEBI LODR 2015
  • No replacement auditor has been appointed yet
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Shiv Texchem Limited has accepted the resignation of M/s. Nandkishore & Co. as its internal auditor, effective August 22, 2026.

The company disclosed the change to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015. The firm cited professional commitments and an inability to dedicate productive time to the role due to pre-occupancy.

Resignation Details

The resignation was received by the board on August 22, 2026. M/s. Nandkishore & Co., holding Firm Registration No. 139699W, stepped down prior to the completion of its existing term.

Parameter Details
Name of Internal Auditor M/s. Nandkishore & Co., Chartered Accountants
Reason for Change Resignation due to professional commitments
Date of Resignation August 22, 2026
Brief Profile NA

Vikas Pavankumar, Managing Director, signed the intimation letter. The company has not yet announced a replacement for the position.

Historical Stock Returns for Shiv Texchem

1 Day5 Days1 Month6 Months1 Year5 Years
+0.40%+1.08%-6.38%-10.37%-61.23%-55.23%

How quickly will Shiv Texchem appoint a new internal auditor, and will there be any gap in compliance oversight?

Does the resignation of M/s. Nandkishore & Co. signal any underlying governance or financial discrepancies within Shiv Texchem?

Will the change in internal audit firm impact the company's upcoming statutory audit timeline or reporting deadlines?

Shiv Texchem regularises independent director, appoints internal auditors

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Board proposes regularisation of Shruti Vyas as independent director
  • Appointment requires member approval at annual general meeting
  • H L Saini & Co. appointed as internal auditors for FY27
  • Meeting held on August 22, 2026 under SEBI LODR Regulation 30
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Shiv Texchem Limited board of directors met on August 22, 2026 to approve corporate governance appointments and internal audit arrangements for the upcoming financial year.

The meeting, which concluded at 5:50 pm, focused on statutory compliance matters under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Board Resolutions

The board proposed the regularisation of Mrs. Shruti Vyas as an independent non-executive director. This appointment is subject to approval by members at the ensuing annual general meeting.

Additionally, the company appointed H L Saini & Co., Chartered Accountants, as internal auditors for the financial year 2026–27. The terms and remuneration will be mutually agreed upon.

Governance Updates

Vikas Pavankumar, managing director, signed the disclosure filed with BSE Limited. The company’s registered office is located in Mumbai.

Historical Stock Returns for Shiv Texchem

1 Day5 Days1 Month6 Months1 Year5 Years
+0.40%+1.08%-6.38%-10.37%-61.23%-55.23%

How might the appointment of Shruti Vyas as an independent director influence Shiv Texchem's strategic direction and board oversight capabilities?

What specific internal control enhancements or audit focus areas is H L Saini & Co. expected to prioritize for the 2026–27 financial year?

Could the regularisation of the independent director signal any underlying changes in the company's corporate governance structure or leadership dynamics?

More News on Shiv Texchem

1 Year Returns:-61.23%