Globale Tessile Limited — Others, 10-05-2025: Resignation

Globale Tessile Limited has announced a board meeting in May 2025 to acknowledge the resignation of its statutory auditor, M/s. Bhanwar Jain & Co., due to the non-renewal of their Peer Review Certificate required for statutory audits. The auditor appreciated their service tenure and will assist with a smooth transition. The Audit Committee and Board will consider appointing a new auditor for shareholder approval. This change is procedural and does not affect the company’s financial reporting or signal any disputes.