Surbhi Industries Limited adopted its audited financial statements for the fiscal year ended March 31, 2026, during its 34th Annual General Meeting (AGM). The meeting, held virtually on September 29, 2026, also ratified key leadership appointments and approved a new statutory auditor for a five-year term.

The board’s report and auditor’s opinion were accepted by shareholders through remote e-voting and voting at the meeting. This adoption marks the formal closure of the FY26 financial cycle for the Surat-based company.

Leadership and governance updates

Shareholders approved several critical governance resolutions, including the re-appointment of directors and the confirmation of senior management roles. Bipinbhai Jasmatbhai Patel was re-appointed as a director following his retirement by rotation. Additionally, two special resolutions were passed to confirm the continued tenure of key executives despite age-related regulatory requirements.

Auditor appointment details

The company appointed M/S Ghael Choksi & Company Chartered Accountants (Firm Registration No. 0153978W) as its statutory auditor. The appointment is valid for five consecutive financial years, commencing from FY27 through FY31. This decision follows standard corporate governance practices regarding auditor rotation and tenure limits.

Voting and procedural compliance

The AGM was conducted via Video Conferencing (VC) and Other Audio Visual Means (OAVM), with the deemed place of meeting being the registered office in Surat. Voting facilities were available from September 26 to September 28, 2026. The final voting results will be declared separately in accordance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Surbhi Industries has scheduled its 34th annual general meeting for September 29, 2026. The Surat-based textile manufacturer published the AGM notice in Western Times (English and Gujarati) on September 6, 2026.

The company held its board meeting on September 5, 2026, to address key corporate governance matters requiring shareholder approval. The notice of the AGM and the Annual Report for FY26 are available on the company’s website and the BSE website.

Director Reappointment

The nomination and remuneration committee recommended the reappointment of Mr. Bipinbhai Jasmatbhai Patel (DIN: 00023447). His tenure will run from October 1, 2026, to September 30, 2031. The terms and conditions will be determined in accordance with the Companies Act, 2013.

Auditor Appointment

Based on the audit committee's recommendation, the board approved M/s Ghael Choksi & Company (Firm Regi no. 0153978W) as the statutory auditor. The firm holds Peer Review Certificate Number 6013/2024.

The appointment covers five consecutive years, from the conclusion of the 34th AGM until the conclusion of the 39th AGM. This period spans financial years 2026-27 through 2030-31. Remuneration will be mutually decided by the board and the auditors.

AGM and Voting Details

The company will hold its 34th annual general meeting on Tuesday, September 29, 2026, at 11:00 am. The meeting will be conducted through video conferencing or other audio-visual means.

Mr. Pragnesh M Joshi (FCS 7238 & COP-7743), a practicing company secretary based in Ahmedabad, was appointed as scrutinizer for the e-voting process. The Register of Members and Share Transfer Books will remain closed from September 23, 2026, to September 29, 2026.

Shareholders holding shares as on the cut-off date are eligible to vote remotely. Those who have not cast their vote via remote e-voting may vote at the AGM venue.