Tainwala Chemicals Appoints SDBA & Co. as New Statutory Auditors for 5 Years
Tainwala Chemicals appointed SDBA & Co. as its new Statutory Auditors for a five-year term, effective from September 3rd, 2026, until the 46th AGM in 2031. The firm has expertise in taxation, accounting, and advisory services.
The appointment of a new auditor is a standard governance procedure and typically has a minimal direct impact on the company's day-to-day operations or financial results.
The change in auditors is a routine corporate action and does not inherently indicate a positive or negative development for the company's financial performance or operations.
Tainwala Chemicals and Plastics (India) Limited announced today, September 3rd, 2026, that its members have approved the appointment of M/s. SDBA & Co., Chartered Accountants, as the new Statutory Auditors of the Company. This appointment was confirmed at the 41st Annual General Meeting (AGM) and will be effective from the conclusion of the 41st AGM until the conclusion of the 46th AGM, which is expected to be held in the year 2031, spanning a term of five consecutive years.
The previous auditors, M/s. GMJ & Co., Chartered Accountants, completed their second term as Statutory Auditors at the conclusion of the 41st AGM. The company expressed its appreciation for the valuable contributions made by M/s. GMJ & Co. during their tenure.
SDBA & Co. is a firm established in 2016 with its head office in Mumbai and a branch in Udaipur. The firm comprises professionals with expertise in international taxation, accounting, tax management, auditing, assurance, financial advisory, corporate laws, and corporate advisory services. They are committed to providing objective services, maintaining high ethical and professional standards, and ensuring timely advice to help businesses adapt to the evolving regulatory environment.
A plain-language summary of a public exchange filing by Tainwala Chemical and Plastic (I) Limited. Read the original for the full detail.