Borana Weaves Limited: Secretarial Auditor Resigns with Immediate Effect
Mr. Jitendrakumar Rewashankar Rawal has resigned as the Secretarial Auditor of Borana Weaves Limited, effective July 24, 2026. The resignation is due to professional commitments. The company will appoint a new Secretarial Auditor.
The resignation of a secretarial auditor is a standard corporate event and typically has a low impact on the company's operations or financial performance.
The resignation of a secretarial auditor is a routine event and does not inherently indicate positive or negative performance of the company.
Borana Weaves Limited has announced the resignation of its Secretarial Auditor, Mr. Jitendrakumar Rewashankar Rawal. The resignation is effective immediately as of July 24, 2026.
Mr. Rawal cited pre-occupation with professional assignments and unavoidable professional commitments as the reasons for his inability to continue in the role. He has served as the Secretarial Auditor for the financial years 2025-26 and 2026-27, appointed under Section 204 of the Companies Act, 2013, and Regulation 24A of SEBI (LODR) Regulations, 2015.
The company has confirmed that there are no disputes or pending issues between Mr. Rawal and Borana Weaves Limited that led to this resignation. The company will proceed to appoint another eligible Practicing Company Secretary as the new Secretarial Auditor in accordance with applicable regulations.
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Borana Weaves Limited filed this with the NSE as a statutory disclosure, categorised under auditor changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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