Sueryaa Knitwear Limited has appointed Mr. Subhash Chand Gupta as its Internal Auditor for the financial year 2026-27, effective June 19, 2026. The appointment follows the resignation of Ms. Parul Singh from the position, which the Board accepted on the same day. The change ensures continuity in the company's internal oversight mechanisms.

The Board of Directors approved the appointment during a meeting held on Friday, June 19, 2026. The decision was based on the recommendation of the Audit Committee. Mr. Subhash Chand Gupta is a Graduate and an experienced Accountant with knowledge of accounting and practical experience in maintaining books of accounts and internal control systems.

Ms. Parul Singh resigned from her position as Internal Auditor with effect from June 19, 2026. The Board acknowledged her resignation and the subsequent transition in the role. The company disclosed that Mr. Subhash Chand Gupta is not related to any Director of the company.

Appointment Details

The following table outlines the key details regarding the change in the internal auditor position:

The intimation was submitted to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The company confirmed that all necessary disclosures regarding the appointment and resignation have been made as per the regulatory requirements.

Sueryaa Knitwear Limited accepted the resignation of Independent Director Mr. Sanjay Sahni effective May 25, 2026, due to his other professional commitments. The resignation, which was tendered due to an inability to devote sufficient time to the Board, resulted in the cessation of his roles as Chairperson of the Audit Committee and Member of the Nomination and Remuneration Committee. Mr. Sanjay Sahni confirmed that there were no material reasons for his departure other than those stated in his resignation letter.

Following the resignation, the Board of Directors reconstituted its key committees with immediate effect. Mr. Vishnu Agarwal was designated as the Chairperson of the Audit Committee and as a member of the Nomination and Remuneration Committee. The changes were approved during a board meeting held at the company's Registered Office in Ludhiana.

The revised composition of the Audit Committee includes Mr. Vishnu Agarwal as Chairperson, with Ms. Aliva Dey and Mr. Sahil Mahawar serving as members. The Nomination and Remuneration Committee will be led by Ms. Manshi Sharma as Chairperson, with Mr. Vishnu Agarwal and Mr. Sahil Mahawar as members.

Mr. Sanjay Sahni holds directorships in Garg Acrylics Limited and DCM Financial Services Limited. In Garg Acrylics Limited, he serves on the Audit, Nomination and Remuneration, and Stakeholders Relationship Committees. At DCM Financial Services Limited, he is the Chairperson of the Audit Committee and a member of the Nomination and Remuneration Committee.

The disclosures were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The company filed the necessary details, including the resignation letter and the director's confirmation, with the exchanges.

Committee Composition