Globale Tessile Limited — Others, 09-05-2025: Resignation

Globale Tessile Limited has announced a board meeting and informed that their statutory auditor, M/s. Bhanwar Jain & Co., has resigned due to a delay in renewing their mandatory Peer Review Certificate. The auditors will assist in ensuring a smooth transition, and there are no disputes with management. This auditor change is important as it impacts the company’s financial reporting and the completion of upcoming audits, which are key to maintaining transparency and investor confidence.