Motisons Jewellers Board Approves New Auditors, Re-appoints 3 Independent Directors
Motisons Jewellers Limited's Board approved appointing N.K. Aswani & Co. as Statutory Auditors for five years. Three Independent Directors, Sushil Kumar Gangwal, Sunil Chordia, and Vikas Kaler, were re-appointed. The 15th AGM is scheduled for September 28, 2026.
The appointment of auditors and re-appointment of directors are routine corporate governance activities. While necessary for compliance, they do not represent a significant change in the company's business operations or financial outlook.
The announcement details routine corporate governance actions, including the appointment of auditors and re-appointment of directors, which are standard procedures. There are no significant financial or strategic disclosures that would strongly influence sentiment.
Motisons Jewellers Limited announced the outcome of its Board Meeting held on September 1, 2026. The Board considered and approved the appointment of M/s. N.K. Aswani & Co., Chartered Accountants, as the Company's Statutory Auditors for a term of five consecutive financial years, from FY 2026-27 to FY 2030-31. This appointment is subject to shareholder approval at the upcoming 15th Annual General Meeting (AGM).
Furthermore, the Board approved the re-appointment of three Non-Executive Independent Directors: Mr. Sushil Kumar Gangwal (DIN: 09573928), Mr. Sunil Chordia (DIN: 02994743), and Mr. Vikas Kaler (DIN: 09737095). Their re-appointments are also subject to shareholder approval via a Special Resolution at the 15th AGM.
The 15th AGM of the Company has been scheduled to be held on Monday, September 28, 2026, at 03:30 P.M. through Video Conferencing/Other Audio Visual Means. To facilitate the AGM proceedings, the Register of Members and Share Transfer Books will be closed from Tuesday, September 22, 2026, to Monday, September 28, 2026, inclusive.
A plain-language summary of a public exchange filing by Motisons Jewellers Limited. Read the original for the full detail.