Shekhawati Industries Approves Q2 2025 Financial Results and Announces Key Appointments

Shekhawati Industries Limited (formerly Shekhawati Poly-Yarn Limited) has made several significant announcements following a board meeting held on July 24, 2025. The company has approved its unaudited financial results for the quarter ended June 30, 2025, and made multiple key appointments and reappointments.

Financial Results Approval

The Board of Directors approved the unaudited financial results for the quarter ended June 30, 2025. These results were accompanied by a Limited Review Report, ensuring compliance with regulatory requirements.

Auditor Appointments and Reappointments

Internal Auditor

The company has reappointed M/s. Sunil Kudva & Co., Chartered Accountants (Firm Registration No. 123657W), as the Internal Auditor for the financial year 2025-2026. The firm specializes in Internal Audit, Income Tax, and Accounts services.

Cost Auditor

M/s. N. Ritesh & Associates, Cost Accountants (Firm Registration No. 26963), have been reappointed as the Cost Auditor for the financial year 2025-2026. They specialize in providing cost audit services to the company.

Statutory Auditor

The Board has approved the appointment of M/s. SGCO & Co. LLP, Chartered Accountants (Firm Registration No. 112081W/W100184), as the Statutory Auditors for a period of five years, subject to shareholder approval at the upcoming 34th Annual General Meeting. SGCO & Co. LLP is a multi-disciplinary accountancy firm with over two decades of experience, serving more than 250 client groups across various sectors.

Secretarial Auditor

Dipesh Gosar & Co., Practising Chartered Secretary (M. No. ACS: 23755 | C P No. 26801), has been appointed as the Secretarial Auditor for a five-year term, subject to shareholder approval. The firm is peer-reviewed and has expertise in company law, SEBI regulations, and various business laws.

Executive Appointment

Mrs. Kalpana Mukesh Ruia has been appointed as an Additional Executive Director for a term of five years, subject to shareholder approval. Mrs. Ruia, who holds a Bachelor of Science degree from St. Xavier's College, Ahmedabad, is expected to play a crucial role in strengthening the company's internal systems, driving innovation-led growth, and aligning corporate objectives with execution. It's worth noting that she is a relative of the Chairman & Managing Director.

Annual General Meeting and Related Party Transactions

The 34th Annual General Meeting of Shekhawati Industries Limited is scheduled for September 10, 2025, and will be conducted via video conferencing. The Board has also approved material related party transactions with M/s. SKI Realtech Private Limited and Mrs. Kalpana Mukesh Ruia for a period of five years.

These developments signify Shekhawati Industries Limited's commitment to strong corporate governance and strategic growth as it moves forward in the 2025-2026 financial year.