Borana Weaves Re-appoints KSA & Co. as Statutory Auditors for Five Years
Borana Weaves Limited's members approved the re-appointment of M/s. KSA & Co., Chartered Accountants as statutory auditors at the AGM held on September 29, 2026. The new term is for five years, from April 1, 2026, to March 31, 2031.
The re-appointment of statutory auditors is a routine compliance matter. It does not directly impact the company's operations, financial performance, or market position in a significant way.
The announcement is a routine re-appointment of statutory auditors, which is a standard corporate governance practice and does not inherently indicate a positive or negative change in the company's performance or outlook.
Borana Weaves Limited announced that its members, at the Annual General Meeting held on Tuesday, 29th September, 2026, approved the re-appointment of M/s. KSA & Co., Chartered Accountants, as the company's statutory auditor. The new term will span five years, commencing from 1st April, 2026, and concluding on 31st March, 2031. M/s. KSA & Co., with FRN: 003822C, are the existing statutory auditors and bring extensive experience in various audit types, taxation, valuation, and consultancy services.
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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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