SBC Exports Limited , a company listed on both the National Stock Exchange and BSE, has announced significant changes in its leadership and auditing structure following a board meeting held on August 28, 2025. The company has made key appointments and a notable change in directorship, signaling a strategic move to strengthen its corporate governance and operational efficiency.

New Auditor Appointments

The board of directors has approved the appointment of two crucial auditing roles:

Cost Auditor

M/s Durga Prasad & Associate has been appointed as the Cost Auditor for the financial year 2025-26. The firm, registered under the Institute of Cost and Works Accounts of India, will be remunerated with INR 60,000 plus applicable taxes and reimbursement of out-of-pocket expenses. Led by Managing Partner Mr. Durga Prasad, the firm brings extensive experience in various financial services, including GST compliance, business structuring, and cost auditing.

Secretarial Auditor

M/s Kumar Mandal & Associates has been appointed as the Secretarial Auditor for a five-year term from 2025-26 to 2029-30. The firm, with ICSI Firm Registration No. S2016DE419800, will receive an annual fee of Rs. 50,000. Known for its expertise in secretarial audits, corporate governance, and regulatory compliance, the firm is expected to enhance SBC Exports' adherence to company law and SEBI regulations.

Leadership Change

In a significant move, the board has approved a change in designation for Mrs. Deepika Gupta:

• Mrs. Gupta's role has been elevated from Executive Director to Whole Time Director for a five-year term, effective from August 28, 2025, to August 27, 2030. This appointment is subject to shareholder approval at the upcoming general meeting.
• Mrs. Gupta, who holds an MBA in Entrepreneurship & Family Business, is responsible for ensuring compliance with operational processes, conducting quality checks, and implementing corrective measures as needed.
• It's worth noting that Mrs. Gupta is the wife of the company's Managing Director, Mr. Govind Ji Gupta, highlighting the family-run nature of the business.

These appointments and changes in directorship reflect SBC Exports' commitment to maintaining strong corporate governance practices and enhancing its operational capabilities. The company's proactive approach in appointing specialized auditors and elevating experienced leadership suggests a focus on transparency and efficiency in its business operations.

SBC Exports Limited , a player in the readymade garments sector, has announced a significant milestone in its international expansion efforts. The company has secured an initial export order worth ₹17.56 crore from HUXXE Readymade Garments Trading LLC, a Dubai-based company specializing in readymade garments.

Order Details

The export order encompasses a range of readymade garments, including T-shirts, trousers, and shorts. According to the company's filing with the stock exchanges, the order is set to be executed within one year from the date of the purchase order, which is August 14, 2025.

Financial Impact and Growth Prospects

SBC Exports Limited expects this order to contribute to its revenue streams within the current financial year. The company projects that this deal will support its anticipated 15-20% annual growth in export turnover. This strategic move is anticipated to enhance profitability, diversify market exposure, and strengthen the company's position in the international apparel sector.

Terms of the Agreement

Key terms of the export order include:

• Payment will be received within 90 days from the date of goods receipt by HUXXE Readymade Garments Trading LLC.
• All transactions will be conducted in US dollars.
• Insurance and freight expenses will be borne by HUXXE Readymade Garments Trading LLC.
• In case of any disputes, the governing law will be that of the United Arab Emirates.

Corporate Governance and Compliance

SBC Exports Limited has confirmed that no promoter group has any interest in HUXXE Readymade Garments Trading LLC, the entity awarding the order. Furthermore, the company has clarified that this transaction does not fall under related party transactions, ensuring transparency and compliance with regulatory requirements.

This export order marks a significant step for SBC Exports Limited in expanding its international footprint and potentially opening doors to further opportunities in the global market.