Sihora Industries approved the appointment of new secretarial and internal auditors during its board meeting on August 25, 2026. The decisions ensure compliance with statutory requirements under the Companies Act, 2013 and SEBI regulations.

The Board, chaired by Chairman and Managing Director Gautam Vallabhbhai Sihora, met at the company’s registered office in Surat from 4:00 pm to 4:30 pm.

Secretarial Audit Appointment

The company appointed M/s. Hardik Jetani & Associates as its Secretarial Auditor. The firm will conduct audits for the financial years 2025-26, 2026-27, and 2027-28. This is a new appointment to comply with regulatory mandates.

M/s. Hardik Jetani & Associates is a peer-reviewed firm established in 2019. CS Hardik Jetani, the founder, holds membership number F13678 with the Institute of Company Secretaries of India. The firm provides advisory services in corporate laws, intellectual property rights, and taxation.

Internal Audit Re-Appointment

Sihora Industries re-appointed M/s. N. A. Vakharia & Co., Chartered Accountants, as its Internal Auditor. The term covers financial years 2026-27, 2027-28, and 2028-29.

With over 15 years of experience, M/s. N. A. Vakharia & Co. serves clients in textiles, manufacturing, dyeing, and printing sectors. The firm offers expertise in statutory audits, direct and indirect taxation compliance, and corporate advisory services.

Both appointments were disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No relationships between directors and the appointed firms were disclosed.

Sihora Industries Limited shareholders have approved a special resolution to alter the terms of objects of issue proceeds raised through the company’s prospectus dated October 6, 2025. The approval was finalized following a remote e-voting process that concluded on August 17, 2026, with the scrutinizer’s report submitted and results declared on August 18, 2026.

The Board of Directors initiated the postal ballot during its meeting on July 15, 2026, seeking member consent under Section 110 of the Companies Act, 2013 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resolution specifically addressed changes to the utilization of funds raised in the previous year’s public offering.

Voting Results

The voting process was conducted exclusively through remote e-voting via National Securities Depository Limited (NSDL), in compliance with Ministry of Corporate Affairs (MCA) circulars issued between 2020 and 2025. Physical ballot forms were not dispatched.

As of the record date of July 10, 2026, there were 224 shareholders on record. The total equity share capital stood at 5,327,400 shares. Promoters and promoter group held 3,727,400 shares, while public non-institutional shareholders held 1,600,000 shares. No institutional public shareholders were recorded.

Promoters did not participate in the voting process. Among public non-institutional shareholders, 708,000 votes were polled, representing a participation rate of 44.25% of their outstanding shares. Of these, 702,000 votes (99.15%) were cast in favor of the resolution, while 6,000 votes (0.85%) were against it. There were no invalid votes recorded.

Process Compliance

M/s. Hardik Jetani & Associates, Practicing Company Secretaries, was appointed as the scrutinizer for the postal ballot. Hardikkumar Jetani, CS, submitted the scrutinizer report on August 18, 2026, confirming that the conditions under Section 114(2) of the Companies Act, 2013 were fulfilled for the special resolution.

The voting window opened on July 19, 2026, at 9:00 am and closed on August 17, 2026, at 5:00 pm. Shareholders holding shares in physical or demat form were required to register their email addresses with the company or their depository participants to access the NSDL e-voting platform. Those without registered email IDs were directed to submit identification documents to obtain user credentials.

The filing confirms adherence to SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167 dated October 7, 2023. The results were communicated to BSE Limited and are available on the company’s website and the NSDL e-voting platform.