Saraswati Saree Depot Limited — Important, 30-05-2025: Adoption of new line(s) of business

Saraswati Saree Depot Ltd. has announced a board meeting outcome approving the financial results for the quarter and year ended March 31, 2025, with a qualified audit opinion due to non-maintenance of quantitative stock records, although closing inventory was physically verified. The company is launching a pilot retail trading project for apparels, investing up to Rs. 5 Cr to boost market reach and brand visibility. It appointed Ms. Neha Avinash Marathe as Secretarial Auditor for five years from FY 2025-26, pending shareholder approval, and M/s. Ajit M. Joshi and Associates as Internal Auditor for FY 2025-26, indicating a strategic focus on operational growth and compliance.