Borana Weaves Approves Audited FY25 Results, Appoints Auditors
Borana Weaves Limited announced that its Board of Directors met on June 10, 2025, to consider and approve the Audited Standalone Financial Results for the quarter and year ended March 31, 2025. The co...
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Why is Borana Weaves Limited in the news today?
Borana Weaves Limited (BORANA) is in the news due to the announcement is a routine update regarding financial results approval and auditor appointments. while the unmodified audit opinion is positive, the clarification on previous deficiencies prevents a strongly positive sentiment.
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Borana Weaves Approves Audited FY25 Results, Appoints Auditors
December 17, 2025, 05:51 AM
Borana Weaves Limited announced that its Board of Directors met on June 10, 2025, to consider and approve the Audited Standalone Financial Results for the quarter and year ended March 31, 2025. The company also received an unmodified audit report for these results.
During the board meeting, which commenced at 4:00 PM and concluded at 5:30 PM at the company's registered office in Surat, Gujarat, the board also approved the appointment of M/s. Vaghela Kishor & Co. as cost auditors for the financial year 2025-26. Additionally, M/s. Vora Vora & Associates were appointed as internal auditors for FY25-26, and Mr. Jitendrakumar Rewashankar Rawal was appointed as secretarial auditor for FY24-25.
The company also addressed a prior communication from the National Stock Exchange regarding deficiencies in the financial results submission for the quarter and year ended March 31, 2025. Borana Weaves clarified that segment details are not applicable as the company operates in a single business segment (Textiles) and confirmed that the submitted financial results were duly signed by authorized Executive Directors.
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