Shoora Designs Ltd

Shoora Designs Ltd announced board approval for the appointment of M/s. TGB And Associates as Statutory Auditors to fill a casual vacancy. The board also appointed M/s. Keyur Shah & Associates as Internal Auditors and M/s. SSN & Associates as Secretarial Auditors for FY 2026-27. These appointments, except for the Secretarial Auditor which requires shareholder approval, were made upon recommendation of the Audit Committee during a board meeting held on August 1, 2026. The meeting commenced at 5:30 PM and concluded at 6:15 PM.

Shoora Designs Ltd announced board approval for the appointment of M/s. TGB And Associates as Statutory Auditors to fill a casual vacancy. M/s. Keyur Shah & Associates have been appointed as Internal Auditors for FY 2026-27, and M/s. SSN & Associates as Secretarial Auditor for FY 2026-27, subject to shareholder approval. The appointments were recommended by the Audit Committee. The board meeting took place on August 1st, 2026.

Shoora Designs Ltd announced that its Board of Directors, in a meeting held on August 1, 2026, approved the appointment of new auditors. M/s. TGB And Associates will serve as the Statutory Auditor, filling a casual vacancy. M/s. Keyur Shah & Associates has been appointed as the Internal Auditor for FY 2026-27. M/s. SSN & Associates will be the Secretarial Auditor for FY 2026-27, subject to shareholder approval at the upcoming AGM. The appointments were made upon the recommendation of the Audit Committee.

Shoora Designs Ltd has received a revised disclosure under SEBI's SAST Regulations, 2011, from Craft Emerging Market Fund PCC & Others. The revised filing pertains to shares acquired in Shoora Designs Limited and clarifies the specific date of acquisition, which was omitted in the previous disclosure filed on June 5, 2026. The acquirer, along with Persons Acting in Concert (PACs), now holds 9.94% of the total share capital, amounting to 460,000 shares. This update is a procedural requirement under SEBI regulations for substantial acquisitions.

Shoora Designs Ltd has announced the resignation of its statutory auditor, M/s. Piyush Kothari & Associates. The auditors cited a disagreement over audit fees as the primary reason for their resignation, effective July 06, 2026. The company stated that there are no concerns raised by the auditor regarding management or material reasons for the resignation beyond the fee dispute. The Audit Committee and Board will proceed to appoint a new statutory auditor to fill the casual vacancy.

Craft Emerging Market Fund PCC, through its Citadel Capital Fund and Elite Capital Fund, has acquired a 9.94% stake in Shoora Designs Ltd. The acquisition involved 460,000 shares, representing 9.94% of the total share capital. The shares were acquired via allotment, with the transaction details indicating a total diluted share capital of 4,623,662. The acquisition is part of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 disclosures.

Fivex Capital VCC-Fivex Emerging Star Fund has acquired 380,500 shares, representing 8.22% of the total share capital, in Shoora Designs Ltd through open market transactions. This acquisition brings their post-acquisition holding to 8.30%. The transactions occurred on May 19th, 2026, with further details on share transfers on June 4th and 5th, 2026.

Shoora Designs Ltd reports no deviation or variation in the utilization of funds raised through a warrant issue (converted to equity) as per Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The funds, amounting to ₹1,656.25 Lakhs, were raised through a preferential issue and utilized for expansion plans, activities, working capital requirements, and general corporate purposes. The Audit Committee reviewed and confirmed the absence of any deviation for the half year ended March 31, 2026.

Shoora Designs Ltd has announced its audited financial results for the half year and year ended March 31, 2026. The Board of Directors approved the standalone audited financial results in a meeting held on May 26, 2026. The auditors, M/s. Piyush Kothari & Associates, issued an audit report with an unmodified opinion on the standalone audited financial results for the specified period.

Shoora Designs Ltd has announced its standalone audited financial results for the half year and year ended March 31, 2026. The Board of Directors approved the results in a meeting held on May 26, 2026. Auditors, M/s. Piyush Kothari & Associates, issued an unmodified opinion on the standalone audited financial results for the specified period. The Board meeting commenced at 11:00 A.M. and concluded at 12:15 P.M.