Corporate Governance28 Sept 2026, 05:20 pm
Nivaka Fashions: Auditor & Director Changes at 43rd AGM
AI Summary
Nivaka Fashions Ltd. announced several key changes approved at its 43rd Annual General Meeting held on September 28, 2026. M/s. ADV & Associates ceased as Statutory Auditors, with Maark & Associates appointed for a five-year term. Ms. Neha Anup Poddar was appointed as Secretarial Auditor. Mr. Dinesh Jamnadas Shah ceased to be an Independent Director, and Mrs. Meenakshi Saini was appointed as a new Independent Director. Additionally, Mr. Bhavin Shantilal Jain was re-appointed as the Chairman and Managing Director.
Key Highlights
- Maark & Associates appointed as new Statutory Auditors for 5 years.
- Ms. Neha Anup Poddar appointed as Secretarial Auditor.
- Mr. Dinesh Jamnadas Shah ceased as Independent Director.
- Mrs. Meenakshi Saini appointed as new Independent Director.
- Mr. Bhavin Shantilal Jain re-appointed as Chairman and MD.
Price Impact
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