Tainwala Chemicals: Auditor's term ending, new firm recommended

Tainwala Chemicals and Plastics (India) Ltd announced that the term of its current Statutory Auditors, M/s. GMJ & Co, Chartered Accountants, will conclude at the upcoming Annual General Meeting (AGM). The Board of Directors, following a recommendation from the Audit Committee, has proposed the appointment of M/s. SDBA & Co., Chartered Accountants, as the new Statutory Auditors. This appointment is for a term of five consecutive years, from the conclusion of the upcoming AGM until the AGM in 2031, subject to shareholder approval. The change is due to the completion of the existing auditors' term.