Motisons Jewellers Board Approves Auditor Appointment & Re-appoints Directors
Motisons Jewellers approved the appointment of N.K. Aswani & Co. as Statutory Auditors for five years. The board also re-appointed directors Sushil Kumar Gangwal, Sunil Chordia, and Vikas Kaler. The 15th AGM is scheduled for September 28, 2026.
The appointment of a new statutory auditor and the re-appointment of independent directors are significant corporate governance events that can influence investor confidence and regulatory compliance, thus having a medium impact.
The announcement details routine corporate governance matters, including auditor appointment and director re-appointments, which are standard procedures and do not inherently carry a positive or negative financial implication.
Motisons Jewellers Limited announced that its Board of Directors, in a meeting held on September 1, 2026, has approved the appointment of M/s. N.K. Aswani & Co., Chartered Accountants, as the company's Statutory Auditors for a five-year term from FY 2026-27 to FY 2030-31, subject to shareholder approval at the upcoming 15th Annual General Meeting (AGM).
The Board also considered and approved the re-appointment of Mr. Sushil Kumar Gangwal, Mr. Sunil Chordia, and Mr. Vikas Kaler as Non-Executive Independent Directors. These re-appointments are also subject to shareholder approval via Special Resolution at the 15th AGM.
Furthermore, the company has fixed the 15th AGM for September 28, 2026, at 03:30 P.M. to be conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The Register of Members and Share Transfer Books will be closed from September 22, 2026, to September 28, 2026, inclusive, for the purpose of the AGM.
A plain-language summary of a public exchange filing by Motisons Jewellers Limited. Read the original for the full detail.