Visagar Polytex accepted the resignation of M/s. Bhatter & Associates as its statutory auditor effective September 7, 2026. The firm cited pre-occupation with other professional assignments as the reason for stepping down.

The company disclosed the development in a filing with stock exchanges on September 7, 2026. The resignation was submitted by CA Gopal Bhatter, partner at Bhatter & Associates (Firm Registration No: 131411W). The firm stated it was unable to devote sufficient time to the affairs of Visagar Polytex due to these other commitments.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing included the resignation letter and details required under Schedule III of the Listing Regulations. It also referenced SEBI Master Circular HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026.

Tilokchand Kothari, Managing Director of Visagar Polytex, signed the intimation letter. The company requested stock exchanges to take the information on record. Bhatter & Associates thanked the board and management for their support during their tenure.

Visagar Polytex Limited has scheduled a Board of Directors meeting for September 7, 2026, to consider a Draft Composite Scheme of Arrangement under the Companies Act, 2013.

Visagar Polytex disclosed the advance intimation pursuant to Regulation 29(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will also address the notice for the 43rd Annual General Meeting.

Agenda Items

The Board will inter alia consider and approve the following matters:

• The Draft Composite Scheme of Arrangement under Sections 230 to 232 read with Sections 66, 61(1)(b), 62(1)(c), 42 and other applicable provisions of the Companies Act, 2013.
• Notice for the 43rd Annual General Meeting (AGM).
• Annual Report for Financial Year 2025-26, including the Management Discussion and Analysis Report and Directors’ Report along with annexures.
• Appointment of Statutory Auditor.
• Any other matter with the permission of the chair.

The filing was signed by Tilokchand Manaklal Kothari, Managing Director.