
Board Meeting15 Jul 2026, 03:56 pm
SPL Industries Appoints New Auditors, Approves Borrowing Limits
AI Summary
SPL Industries Ltd. announced key decisions from its Board of Directors meeting held on July 15, 2026. The company appointed M/s Vatss & Associates as Internal Auditors for FY 2026-27 and M/s Raghu Nath Rai and Co. as Statutory Auditors for a five-year term, subject to shareholder approval. The Board also approved maintaining borrowing limits under Section 180(1)(c) and fixing limits for investments, loans, guarantees, and securities under Sections 186 and 185 of the Companies Act, 2013, all pending shareholder consent. Additionally, material related party transactions and the Board's Report for FY 2025-26 were approved. The 35th Annual General Meeting is scheduled for August 13, 2026.
Key Highlights
- Appointed M/s Vatss & Associates as Internal Auditors for FY 2026-27.
- Appointed M/s Raghu Nath Rai and Co. as Statutory Auditors for five years.
- Approved borrowing limits and investment/loan provisions, subject to shareholder approval.
- Approved material related party transactions and Board's Report for FY 2025-26.
- Scheduled 35th AGM for August 13, 2026.
Price Impact
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