Mahaalaxmi Texpro Limited (formerly Abhishek Corp.) Re-appoints Auditors, Directors
Mahaalaxmi Texpro Limited re-appointed M/s Arna & Associates as Statutory Auditors for five years. The company also appointed Mr. Prathamesh Mukund Gaikwad as Independent Director and re-appointed Mr. Deepak Chaganlal Choudhari and Mrs. Madhubala Deepak Choudhari as directors. The AGM was held on September 30, 2026.
The re-appointment of auditors and directors are routine corporate governance activities and are unlikely to have a significant immediate impact on the company's stock price or business operations.
The announcement details routine corporate actions such as the re-appointment of auditors and directors, which are standard procedures and do not inherently indicate positive or negative performance.
Mahaalaxmi Texpro Limited (formerly Abhishek Corporation Limited) announced key management changes following its 33rd Annual General Meeting (AGM) held on September 30, 2026.
The members approved the re-appointment of M/s Arna & Associates as the Statutory Auditors for a further term of five years, commencing from the conclusion of the 33rd AGM until the conclusion of the 38th AGM. The proposed audit fee is ₹1,10,000 plus taxes, subject to annual revision by the board. M/s Arna & Associates, a well-established firm with a good professional track record and valid Peer Review certificate, has been serving as the statutory auditor for large listed companies.
Additionally, the AGM approved the re-appointment of Mr. Deepak Chaganlal Choudhari as a Non-Executive Independent Director and Mrs. Madhubala Deepak Choudhari as a Non-Executive Director. Mr. Prathamesh Mukund Gaikwad was appointed as a Non-Executive Independent Director. Mr. Deepak Chaganlal Choudhari holds 13,50,000 shares, and Mrs. Madhubala Deepak Choudhari holds 1,70,035 shares in the company. Mr. Prathamesh Mukund Gaikwad brings over 8 years of experience in the fintech ecosystem, while Mrs. Madhubala Deepak Choudhari has rich experience in Textile and Fabric Processing Business.
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Abhishek Corporation Limited filed this with the NSE as a statutory disclosure, categorised under board 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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See the model portfoliosA plain-language summary of a public exchange filing by Abhishek Corporation Limited. Read the original for the full detail.