Mahalaxmi Fabric Mills Limited Board Approves Re-appointment of Auditors for FY 2026-27
Mahalaxmi Fabric Mills Limited confirmed the re-appointment of its auditors following a Board of Directors meeting held on May 27, 2026. The board approved the services of two practicing chartered accountant firms for the Financial Year 2026-27.The company approved the re-appointment of M/s. D. Trivedi & Associates, a practicing chartered accountant, to serve as the Internal Auditor for the Financial Year 2026-27. Additionally, M/s. Bhanwar Jain & Co., another practicing chartered accountant, was re-appointed as the Tax Auditor for the same financial year.
Both firms are registered with the Institute of Chartered Accountants of India (ICAI) and provide professional services across finance, taxation, and audit fields.
The Board of Directors is represented by Jeetmal B. Parekh, Chairman of the company.
Key details regarding the appointed auditing firms are as follows:
| Firm Name | Role | Firm Registration No. | Experience/Establishment | Services Offered |
|---|---|---|---|---|
| M/s. D. Trivedi & Associates | Internal Auditor | 0128309W | More than 30 years | Taxation, accounts, and audit |
| M/s. Bhanwar Jain & Co. | Tax Auditor | 117340W | Since 1998 | Taxation, audit, and finance |
M/s. D. Trivedi & Associates is a firm registered with the Institute of Chartered Accountants of India, providing professional services in the field of taxation, accounts, and audit. Similarly, M/s. Bhanwar Jain & Co. is also a firm of practicing chartered accountants providing professional services in the field of taxation, audit, and finance to various clients. The appointment terms and conditions for both firms will be mutually agreed upon by the Board of Directors of the Company.
MFML Stock Price Movement
On Wednesday, Mahalaxmi Fabric Mills Limited shares edged higher to settle at ₹24.30, posting a 0.30% gain for the day. The stock saw a total volume of 7,131 shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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