Nivaka Fashions appoints H R Bohra & Co. as internal auditor for FY 2025-26

What Nivaka Fashions announced

On 13 June 2026, the Board of Directors of Nivaka Fashions Ltd convened and approved the appointment of M/s. H R Bohra & Co., Chartered Accountants as the company’s internal auditor for the financial year 2025‑26. The decision was taken under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III, which mandates disclosure of changes in internal audit arrangements.

The appointment was necessitated by the cessation of the previous internal auditor, and is intended to ensure continuity of the internal audit function without any gap.

Details of the appointment

• Appointed firm: H R Bohra & Co., Chartered Accountants
• Role: Internal Auditor for FY 2025‑26
• Effective date: Commences with the start of FY 2025‑26 (1 April 2025) and will continue for the full financial year unless otherwise altered by the board.
• Regulatory basis: Disclosure required under SEBI LODR Regulation 30, Schedule III.
• Reason for change: The prior internal auditor ceased, prompting the board to select a new auditor to maintain audit continuity.

No monetary terms, fees, or contractual specifics were disclosed in the filing.

Key facts at a glance

Why this matters for investors

The internal audit function is a key component of corporate governance, providing independent assurance on the effectiveness of risk management, control, and governance processes. A seamless transition to a new internal auditor helps avoid any lapse in oversight, which could otherwise expose the company to operational or compliance risks. While the filing does not disclose audit fees, the appointment itself signals that the board is proactively maintaining governance standards, a factor that may be viewed positively by shareholders concerned with transparency and risk management.

Conclusion

Nivaka Fashions Ltd’s board has formally appointed H R Bohra & Co. as its internal auditor for FY 2025‑26, replacing the previous auditor to ensure uninterrupted audit coverage. The appointment complies with SEBI’s disclosure requirements, and no further action or shareholder approval is required at this stage.