SPL Industries Ltd has appointed M/s Raghu Nath Rai and Co. as its statutory auditors for a five-year term, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The board also approved the appointment of M/s Vatss & Associates as the internal auditor for the financial year 2026-27. These decisions were taken during a board meeting held on July 15, 2026.

The appointment of M/s Raghu Nath Rai and Co. is effective from the conclusion of the 35th AGM until the conclusion of the 40th AGM. The firm, established in 1967, is a Category I, CAG-empanelled firm with offices in New Delhi, Bhubaneswar, Bangalore, Mumbai, and Noida. The internal auditor, M/s Vatss & Associates, has been appointed for the audit period of FY27.

Key Approvals

The board approved several resolutions requiring shareholder ratification at the 35th AGM. These include maintaining the company's borrowing limit under Section 180(1)(c) of the Companies Act, 2013, and fixing limits for investments, loans, and guarantees under Sections 185 and 186 of the Act. Additionally, the board approved material related party transactions up to the AGM scheduled for 2027.

35th Annual General Meeting

The board approved the draft notice for the 35th AGM, which is scheduled to be held on Thursday, August 13, 2026, at 11:00 A.M. via Video Conferencing or Other Audio-Visual Means. The meeting will consider the appointment of auditors and other approvals as per the regulatory provisions.

The board meeting commenced at 2:45 P.M. and concluded at 3:30 P.M. on July 15, 2026. The disclosures were made under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

SPL Industries Limited promoter Kiran Aggarwal reduced her shareholding by 2.79% through a gift transfer of equity shares on June 25, 2026. The transaction involved an inter se transfer amongst promoters, executed via a gift deed with no consideration involved. Consequently, Aggarwal's stake in the company has decreased from 22.87% to 20.08% of the paid-up share capital.

The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited in compliance with regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transfer specifically involved 8,07,784 shares carrying voting rights. Prior to the transaction, Aggarwal held 66,31,393 shares, which accounted for 22.87% of the total voting capital.

Shareholding Details

The transfer has adjusted the promoter's holding structure within the textile manufacturer. The total equity share capital of the company remains unchanged at Rs. 29,00,00,040, divided into 2,90,00,004 equity shares of Rs. 10 each.

The transaction was finalized off-market, and the requisite disclosures were filed by the promoter on June 26, 2026. The company's stock is listed on both the NSE (Symbol: SPLIL) and BSE (Scrip Code: 532651).