Desh Rakshak Aushdhalaya Limited, a manufacturer of Ayurvedic and herbal products, announced a significant change in its internal audit department. Mrs. Bhumika Parwani, a Chartered Accountant serving as the company's Internal Auditor, has submitted her resignation effective August 25, 2025.

Resignation Details

Mrs. Parwani, who holds membership number 463162 with the Institute of Chartered Accountants of India, cited 'other professional commitments and pre-occupation with other assignments' as the primary reasons for her departure. In her resignation letter, she confirmed that there were no material reasons for her decision beyond those stated.

Company's Response

The company, headquartered in Kankhal, Haridwar, made the announcement through its Company Secretary and Compliance Officer, Sohini Bansal. The information was disclosed in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Transition Process

To ensure a smooth transition, Mrs. Parwani has committed to handing over all necessary documents, including internal audit reports and working papers, to the management. This step is crucial for maintaining continuity in the company's internal audit processes.

About Desh Rakshak Aushdhalaya Limited

Desh Rakshak Aushdhalaya Limited, established in 1901, is a manufacturer of Ayurvedic and herbal products. The company's Corporate Identification Number (CIN) is L33119UR1981PLC006092.

The company has not yet announced a replacement for the Internal Auditor position.

Desh Rakshak Aushdhalaya Limited , a manufacturer of Ayurvedic and herbal products, has reported a robust performance for the first quarter, along with key changes to its board of directors.

Financial Performance

The company's unaudited financial results for the quarter show significant growth:

The company's revenue from operations saw a substantial increase of 20.1% year-over-year, rising from ₹108.24 lakh in Q1 FY2025 to ₹129.99 lakh in Q1 FY2026. Net profit also showed growth, increasing from ₹9.33 lakh to ₹9.59 lakh, representing a 2.8% rise. The Basic Earnings Per Share (EPS) improved from ₹0.21 to ₹0.22.

Board Appointments

In a significant move to strengthen its leadership, Desh Rakshak Aushdhalaya's Board of Directors approved the appointment of two Additional Independent Directors:

1. Mrs. Cheena Golani (DIN: 11220936): Appointed for a five-year term effective August 13, 2025, subject to shareholder approval. Mrs. Golani brings over 4 years of experience in capital markets, corporate laws, and SEBI regulations.

2. Mr. Rajesh Kumar Gupta (DIN: 01048355): Also appointed for a five-year term starting August 13, 2025, pending shareholder approval. Mr. Gupta has more than 34 years of experience in corporate laws, taxation, accounting, and finance.

Both appointees are not debarred from holding directorship positions by any regulatory authority.

Audit Opinion

The statutory auditors, Anil Jain and Co., Chartered Accountants, have issued an unmodified opinion on the quarterly results, indicating that the financial statements present a fair view of the company's financial position.

The Board meeting, which commenced at 3:00 PM and concluded at 4:00 PM on August 13, 2025, approved these results and appointments. The company has duly informed the BSE Limited of these developments in compliance with regulatory requirements.

Desh Rakshak Aushdhalaya Limited, established in 1901 and headquartered in Haridwar, Uttarakhand, continues to focus on manufacturing Ayurvedic and herbal products. The company's performance in Q1 suggests a positive trajectory, while the new board appointments aim to bring fresh perspectives and expertise to guide its future growth.