Shahlon Silk Industries Limited has announced the appointment of M/s. P Meet & Co., Chartered Accountants as its Internal Auditors, effective February 14, 2026. The appointment was approved by the Board of Directors at their meeting held on February 14, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), 2015.

Appointment Details

The company has appointed M/s. P Meet & Co., Chartered Accountants (Firm Registration No.: 163897W) as Internal Auditors with immediate effect from February 14, 2026. The appointment follows regulatory requirements under SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

About the Appointed Firm

M/s. P Meet & Co. is a Surat-based chartered accountancy firm with specialized expertise in internal audit services. The firm focuses on providing comprehensive audit solutions to MSMEs and growing enterprises across various sectors.

Key Service Areas

The appointed firm specializes in several critical areas:

• Internal audit services
• Internal control reviews
• Process audits
• Compliance testing
• Risk assessment for businesses

Leadership Profile

The firm is led by CA Meet Patel, a qualified member of the Institute of Chartered Accountants of India. CA Meet Patel brings substantial hands-on experience in planning and executing internal audits, evaluating internal controls, and preparing comprehensive internal audit reports.

Sector Expertise

CA Meet Patel's experience spans across multiple industry sectors:

• Manufacturing sector
• Pharmaceutical industry
• Textile industry
• Service sectors

Regulatory Compliance

The appointment disclosure has been made in accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled all regulatory requirements for the appointment of Internal Auditors, ensuring transparency and compliance with listing obligations.

The appointment strengthens Shahlon Silk Industries' internal control framework and demonstrates the company's commitment to maintaining robust governance standards. The new Internal Auditors will play a crucial role in evaluating the company's internal processes and ensuring compliance across various operational areas.

Shahlon Silk Industries Limited has responded to BSE's surveillance inquiry regarding recent price movement in its shares, clarifying that the company maintains full compliance with disclosure requirements and has no unpublished price sensitive information.

Regulatory Compliance Confirmation

In its clarification dated January 19, 2026, the company addressed BSE's email reference L/SURV/ONL/PV/APJ/2025-2026/870 seeking explanation for price movement. The textile company confirmed it has been making timely disclosures of all events and information bearing on operations and performance, including price sensitive information, within stipulated timelines pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Price Movement Attribution

The company explicitly stated it has no unpublished price sensitive information or pending announcements that could influence share price behavior. Shahlon Silk Industries emphasized that the movement in share price is purely market driven and may result from a combination of various factors including prevailing market conditions. The management clarified that the company is not connected with the price movement in its shares.

Ongoing Disclosure Commitment

The textile manufacturer reaffirmed its commitment to regulatory compliance, stating it will continue adhering to disclosure requirements under SEBI regulations. The company assured BSE that it will keep the stock exchange informed of all price sensitive information as and when it arises in the future.

Company Secretary Hitesh Garmora (Membership No. ACS 16160) digitally signed the clarification, which was submitted to BSE's surveillance department at P.J. Towers, Dalal Street, Mumbai. The response demonstrates the company's proactive approach to regulatory communication and transparency with market participants.