Shree Manufacturing Company Limited has officially communicated the outcome of its Independent Directors meeting held on March 27, 2026, to BSE Limited under Regulation 30 of the listing regulations. The meeting was conducted from 12.00 PM to 1.00 PM as part of the company's corporate governance obligations.

Meeting Agenda and Outcomes

The independent directors conducted a comprehensive review covering three critical areas of corporate governance during their one-hour session:

Official Communication Details

The meeting outcomes were formally documented and communicated to the stock exchange with proper regulatory compliance:

Corporate Governance Framework

The independent directors meeting represents a key component of the company's corporate governance structure, ensuring independent oversight of board performance and management effectiveness. The evaluation process included assessment of both executive and non-executive directors' contributions to board effectiveness.

Company Information

Shree Manufacturing Company Limited operates from its registered office at 5th Floor, GRD Plot 251, Tanibai Niwas, David S Baretto Road, Wadala, Mumbai 400031. The official communication was signed by Director Vishal Dedhia (DIN: 00728370) and submitted to BSE Limited's Department of Corporate Services, ensuring compliance with listing regulations and corporate governance standards.

Shree Manufacturing Company Limited , a Mumbai-based company, has announced a significant change in its statutory auditors following a board meeting held on August 23, 2025. The company's Board of Directors has accepted the resignation of Laxmi Tripti & Associates, Chartered Accountants, and recommended the appointment of Ramanand & Associates, Chartered Accountants, to fill the casual vacancy.

Resignation of Laxmi Tripti & Associates

The outgoing auditors, Laxmi Tripti & Associates, cited other commitments and assignments as reasons for their inability to continue in the role. They were initially appointed on September 27, 2024, with a term scheduled to expire on March 31, 2029. The Audit Committee, after considering the detailed reasons provided by the auditors, noted that no concerns or issues were raised by the outgoing firm.

Appointment of New Auditors

The Board has recommended the appointment of Ramanand & Associates, Chartered Accountants (Registration No. 117776W), as the new statutory auditors. This appointment is subject to shareholder approval at the upcoming general meeting. Ramanand & Associates is an Indian partnership firm registered with the Institute of Chartered Accountants of India (ICAI), offering a range of assurance services led by industry experts.

Annual General Meeting and Annual Report

In the same meeting, the Board of Directors also addressed other important matters:

1. The company's 48th Annual General Meeting has been scheduled for September 22, 2025, at 12:30 PM. It will be held at the company's registered office: 5 Floor GRD Plot 251, Tanibai Niwas, David S Baretto Road, Wadala, Mumbai 400031.

2. The Board approved the annual report for the financial year 2024-2025.

Compliance with Regulatory Requirements

Shree Manufacturing Company Limited has ensured compliance with the SEBI Circular No. CIR/CFD/CMD1/114/2019 dated October 18, 2019, regarding the change in auditors. The company has also provided the necessary details as required under Regulation 30 Read with Schedule III of the Listing Regulations and SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015.

This change in statutory auditors marks a significant development for Shree Manufacturing Company Limited as it moves forward with its financial reporting and corporate governance practices.