CFF Fluid Control Board Approves Auditor Re-appointment, Borrowing Limit Hike
CFF Fluid Control Ltd's Board of Directors met on July 14, 2026, approving several key proposals. The board recommended the re-appointment of M/S. V. N. Purohit & Co. as Statutory Auditors for a five-year term, subject to shareholder approval. Additionally, the board approved an increase in the borrowing limit, with fund-based borrowings not exceeding 50% of paid-up capital, reserves, and premium, and non-fund-based facilities up to ₹1,000 crore. The company also plans to migrate from the BSE SME platform to the Main Board of BSE and NSE, pending shareholder and regulatory approvals. The draft Board Report and Management Discussion and Analysis for FY 2025-26 were also approved, along with the draft notice for the 14th Annual General Meeting.
Key Highlights
- Statutory Auditor M/S. V. N. Purohit & Co. re-appointment approved for five years.
- Borrowing limit increase approved, subject to shareholder consent.
- Company to migrate from BSE SME to Main Board on BSE and NSE.
- Board Report and MD&A for FY 2025-26 approved.
- 14th AGM notice and related arrangements approved.
Price Impact
More from CFF