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📋 Filing Types Available on ForgeUp Filings Strictly sourced from BSE exchange announcements (equity segment only). We show only material, important filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
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Padam Cotton Yarns Ltd
Padam Cotton Yarns Ltd Resigns Statutory Auditor
MANAGEMENT ● No Immediate Change LOW RISK
📅 Filed on BSE: 27 Jul 2026, 07:04 PM IST  ·  BSE ID: bb5ecfb2-5710-4819-b67a-2ccdf5cafa4f
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's accounting auditors have resigned, and a new firm has been appointed to take over their duties.
🤖 AI Summary
  • Padam Cotton Yarns accepted resignation of statutory auditors SVJK & Associates.
  • Piyush Kothari & Associates appointed as new statutory auditors for FY 2026-27.
  • Appointment subject to shareholder approval at the upcoming General Meeting.
  • The change fills a casual vacancy in the office of statutory auditor.
🏢 How This Affects the Company
⚙️
Operational Impact
The company will transition to a new statutory auditor, requiring coordination for audit procedures.
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Risk Impact
The resignation and appointment of a new auditor introduce a temporary period of transition risk in financial reporting oversight.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders at this time, but they will vote on the appointment at the next General Meeting.
👤
Who Is Affected
All shareholders are affected as the company's financial oversight is transitioning to a new auditor.
🔍
Management Signal
Management is ensuring continuity of financial audit processes by promptly appointing a replacement auditor.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Shareholder approval of new auditor at General Meeting.
Commencement of audit by new auditor Piyush Kothari & Associates.
Disclosure of reasons for auditor resignation (if available).
LOW RISK Auditor resignation and replacement is a standard corporate event.
💡 Investor Takeaway
Padam Cotton Yarns Ltd accepted the resignation of its statutory auditors, SVJK & Associates, and appointed Piyush Kothari & Associates as their replacement for FY 2026-27, pending shareholder approval.
❓ Frequently Asked Questions
Who resigned as Statutory Auditor of Padam Cotton Yarns Ltd?
M/s. SVJK & Associates, Chartered Accountants, resigned as Statutory Auditors of Padam Cotton Yarns Ltd.
Who has been appointed as the new Statutory Auditor for Padam Cotton Yarns Ltd?
M/s. Piyush Kothari & Associates, Chartered Accountants, has been approved as the new Statutory Auditor for FY 2026-27.
When is the new auditor appointment effective for Padam Cotton Yarns Ltd?
The appointment of Piyush Kothari & Associates is subject to shareholder approval and will be for FY 2026-27.
What is the FRN of the new Statutory Auditor for Padam Cotton Yarns Ltd?
The FRN for the new Statutory Auditor, Piyush Kothari & Associates, is 140711W.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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