Mahaalaxmi Texpro (formerly Abhishek Corp) re-appoints Nilesh Kothari as Internal Auditor
Mahaalaxmi Texpro Limited (formerly Abhishek Corporation Limited) re-appointed CA Nilesh Kothari as Internal Auditor for FY 2026-27. The decision was approved at a Board Meeting held on June 18, 2026. Mr. Kothari has over 14 years of experience.
The re-appointment of an internal auditor is a standard corporate governance procedure and is unlikely to have a material impact on the company's operations or stock price.
The appointment of an internal auditor is a routine compliance activity and does not significantly impact the company's financial performance or strategic direction.
Mahaalaxmi Texpro Limited, formerly known as Abhishek Corporation Limited, announced the outcome of its Board Meeting held on June 18, 2026. During the meeting, the Board of Directors approved the re-appointment of CA Nilesh Kothari as the Internal Auditor of the company.
This re-appointment is in accordance with Section 138 of the Companies Act, 2013, read with Rule 13 of the Companies (Accounts) Rules, 2014. Mr. Kothari will be responsible for conducting the internal audit of the company's functions and activities for the financial year 2026-27.
The Board Meeting commenced at 3:00 p.m. and concluded at 3:30 p.m. Mr. Nilesh Kothari is a Fellow member of the Institute of Chartered Accountants of India with over 14 years of experience in accounting, auditing, taxation, and corporate advisory. He is also a registered Insolvency Professional.
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