Mahalaxmi Fabric Mills Limited — Others, 09-05-2025: Resignation

Mahalaxmi Fabric Mills Limited has announced a board meeting. Their statutory auditor, M/s. Bhanwar Jain & Co., resigned following the non-renewal of their mandatory Peer Review Certificate, a requirement for conducting statutory audits. The resignation was amicably communicated, with no disagreements cited. The outgoing auditor thanked the company for their cooperation and offered support during the audit transition. This change could affect the company’s audit timeline and the release of upcoming financial results, making it important for shareholders to monitor further updates.