Trident Texofab Limited announced the outcome of its Board Meeting held on August 10, 2026. The Board approved the unaudited financial results for the quarter ended June 30, 2026, and noted various compliances. A significant development was the acceptance of the resignation of its Statutory Auditor, M/s. Shah Kailash and Associates LLP, effective August 10, 2026. The company also appointed M/s. Prit Agrawal & CO. as the Internal Auditor for the financial year 2026-27.
Board Meeting Outcomes
Trident Texofab Limited convened its Board Meeting on Monday, August 10, 2026. During this meeting, the Board transacted and approved several key items of business, including the unaudited financial results for the first quarter of the financial year, which ended on June 30, 2026. These results, along with the Limited Review Report from the Statutory Auditor, were taken on record. An extract of these financial results is slated for publication in newspapers and will also be available on the company’s website, www.tridenttexofab.com.
Statutory Auditor Resignation
The Board formally accepted the resignation of M/s. Shah Kailash and Associates LLP, Chartered Accountants, from their role as Statutory Auditor of the Company, effective August 10, 2026. The resignation letter cited the firm’s increasing professional commitments and workload as the reason for this decision. The Audit Committee and the Board will consider the appointment of a new statutory auditor in due course to fill the resulting casual vacancy. The company has also submitted disclosures as required by SEBI regulations (Annexure-B).
Internal Auditor Appointment
In addition to the above, the Board of Directors approved the appointment of M/s. Prit Agrawal & CO., Chartered Accountants, as the Internal Auditor for the financial year 2026-27. The details of this appointment have been disclosed as per SEBI Listing Regulations (Annexure-C).
Financial Highlights (Unaudited)
The unaudited financial results for the quarter ended June 30, 2026, show a Profit/(Loss) for the period of ₹52.18 Lakhs. This compares to a loss of ₹200.94 Lakhs in the same quarter of the previous year. The company operates in a single reportable business segment: Manufacturing & Wholesale (Trading) of Grey cloth.
Investor Complaints
As of June 30, 2026, the company reported nil pending, received, or disposed of investor complaints, with a closing balance of nil.
Source: BSE
