Modern Threads Reappoints Tax and Internal Auditors for Upcoming Financial Years
Modern Threads (India) Limited reappointed S.S. Surana & Co. as Tax Auditor for FY2025-26 and Mr. Naveen Kumar Vijayvargiya as Internal Auditor for FY2026-27. Both appointments were approved by the Board of Directors on March 27, 2026, based on recommendations from the Audit Committee.
The reappointment of statutory and internal auditors is a standard corporate governance practice and is unlikely to have a material impact on the company's operations or stock performance.
The announcement is a routine corporate action regarding the reappointment of auditors and does not contain any significant financial or strategic information that would impact the company's sentiment.
Modern Threads (India) Limited announced that its Board of Directors, in a meeting held on March 27, 2026, approved key reappointments. The Board approved the re-appointment of S.S. Surana & Co., Chartered Accountants, Jaipur (Firm Registration No. 001079 C) as the Tax Auditor for the financial year 2025-26. This appointment was recommended by the Audit Committee. S.S. Surana & Co. has over 44 years of experience in accounting services, tax advisory, statutory audit, and more.
Additionally, the Board approved the re-appointment of Mr. Naveen Kumar Vijayvargiya as the Internal Auditor for the financial year 2026-27. This re-appointment was also recommended by the Audit Committee. Mr. Vijayvargiya is a Chartered Accountant (Inter) with experience in accounting, taxation, internal audit, and corporate laws.
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Modern Threads (India) 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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See the model portfoliosA plain-language summary of a public exchange filing by Modern Threads (India) Limited. Read the original for the full detail.