Nivaka Fashions Ltd Appoints H R Bohra & Co. as Internal Auditor Following Change of Firm
Nivaka Fashions Ltd has appointed M/s. H R Bohra & Co., Chartered Accountants, as the new Internal Auditor of the company for the Financial Year 2026-2027. This appointment comes following the cessation of the previous internal auditor, ensuring the continuity of the audit function within the company.The Board of Directors approved the appointment on June 13, 2026. M/s. H R Bohra & Co. is noted for having extensive experience in internal audit and Internal Financial Controls reviews, and they hold a valid Peer Review certificate. The decision was made to comply with the provisions of the Companies Act, 2013 and related requirements.
The appointment details and the cessation of the previous firm are provided below:
| Particulars | Appointment of Internal Auditors (M/s H R Bohra & Co.) | Cessation of Internal Auditors |
|---|---|---|
| Date of Change | June 13, 2026 | June 13, 2026 |
| Term of Appointment / Status | Appointment for F Y 2026-2027 | Cessation |
| Reason for Change | Appointment to comply with the provisions of Companies Act, 2013 and requirements under SEBI (LODR) Amendment Regulations, 2015. | Cessation |
| Brief Profile | The Firm has extensive experience in internal audit and Internal Financial Controls reviews and holds a valid Peer Review certificate. | Not applicable |
The board meeting where the appointment was made commenced at 4:26 P.M. and concluded at 4:31 P.M. This transition ensures a smooth continuation of internal audit functions for Nivaka Fashions Ltd.
Stock Price Movement
Nivaka Fashions Ltd settled at ₹0.84 on Friday, gaining 5.00% in the market.The shares successfully traded through a tight intraday range, moving between an intraday low of ₹0.79 and a high of ₹0.84.
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