Super Fine Knitters Limited, a prominent textile manufacturer, has announced significant changes in its audit structure alongside the notice for its 27th Annual General Meeting (AGM). The company disclosed that its statutory auditors, R.K. Deepak & Co., Chartered Accountants, have resigned effective September 5, 2025, citing pre-occupation and unavoidable circumstances.

Auditor Transition

R.K. Deepak & Co., who were appointed on September 30, 2021, for a five-year term, stepped down before completing their tenure. The auditing firm confirmed that there were no material reasons for their resignation beyond those stated in their resignation letter, and no concerns were raised regarding the company's operations or financial reporting.

In response to this vacancy, Super Fine Knitters' Board of Directors, based on the Audit Committee's recommendation, has proposed the appointment of M/s. Sumit Bharti & Associates, Chartered Accountants, as the new statutory auditors. This appointment, if approved by shareholders, will be effective from the conclusion of the upcoming 27th AGM until the 28th AGM.

AGM and Other Appointments

The company's 27th AGM is scheduled for September 30, 2025, at its registered office in Ludhiana. Key agenda items include:

• Consideration of the appointment of new statutory auditors
• Voting on the reappointment of Mrs. Gita Lakra as a Whole Time Director

Additionally, Super Fine Knitters has proposed the appointment of M/s PDM & Associates as Secretarial Auditors for a five-year term from FY 2025-26 to FY 2029-30. This aligns with recent SEBI regulations requiring listed entities to appoint peer-reviewed company secretaries for this role.

Corporate Governance Focus

While specific financial details were not provided in the main announcement, the company's decision to change auditors and comply with new regulatory requirements suggests a focus on maintaining strong corporate governance practices.

Super Fine Knitters Limited, known for manufacturing knitted apparels and fabrics for national and international brands, continues to position itself as a key player in India's textile industry. The upcoming AGM and proposed changes in the audit structure mark important developments for the company as it moves forward in the evolving regulatory landscape of India's corporate sector.

Shareholders and interested parties can access the full AGM notice and annual report on the company's website for more detailed information on these developments and the company's performance.

Super Fine Knitters , a prominent player in the hosiery knitted fabrics and garments industry, has announced significant changes in its statutory auditors and set the date for its upcoming Annual General Meeting (AGM).

Change in Statutory Auditors

The company disclosed that M/s. R.K. Deepak & Co., Chartered Accountants, have resigned as statutory auditors effective September 5, 2025. The resignation was attributed to pre-occupation and unavoidable circumstances that would prevent the firm from dedicating sufficient time to discharge its duties as the company's statutory auditor.

In response to this development, the Board of Directors, based on the recommendation of the Audit Committee, has approved the appointment of M/s. Sumit Bharti & Associates, Chartered Accountants (Firm Registration No. 015301N) as the new statutory auditors. This appointment is subject to approval by the members at the forthcoming AGM.

M/s. Sumit Bharti & Associates have confirmed their eligibility for the appointment, stating compliance with Sections 139 and 141 of the Companies Act, 2013. They have certified that they are not disqualified under any provisions of the Act and hold a valid Peer Review Certificate issued by the Institute of Chartered Accountants of India (ICAI).

27th Annual General Meeting Details

Super Fine Knitters has scheduled its 27th Annual General Meeting for September 30, 2025, at 10:00 a.m. The meeting will be held at the company's registered office located at C-5, Phase-V, Focal Point, Ludhiana - 141010.

Key dates related to the AGM include:

The company has stated that the register of members and share transfer books will remain closed during the book closure period for the purpose of the AGM.

These announcements were made in compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Super Fine Knitters continues to uphold its commitment to transparency and adherence to regulatory requirements in its corporate governance practices.