
Futura Polyesters Ltd to hold EGM on Oct 26, 2026 for Auditor Appointment
Futura Polyesters Ltd has announced an Extra-Ordinary General Meeting (EGM) to be held on Monday, October 26, 2026, at 11:00 a.m. via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The primary agenda is the appointment of M/s. S. Somani & Associates as the new Statutory Auditors for a term of five financial years, commencing from FY 2025-26 until the conclusion of the AGM in FY 2029-30. This appointment follows the expiration of the term of the current auditors, M/s. V.S. Somani & Co. The remuneration for the new auditors is set at ₹6,00,000/- per annum plus applicable taxes and out-of-pocket expenses. The meeting will be conducted entirely through electronic means, with no physical attendance required, adhering to recent regulatory guidelines.
Key Highlights
- EGM scheduled for October 26, 2026, to appoint new statutory auditors.
- M/s. S. Somani & Associates to be appointed for five financial years.
- Remuneration set at ₹6,00,000/- per annum plus taxes and expenses.
- Meeting to be held via Video Conferencing (VC)/OAVM.
- Appointment follows the expiration of the term of the current auditors.
Price Impact
More from FUTURAPOLY