Garware Polyester Ltd has informed BSE that M/s. Bhandari Dastur Gupta & Associates, Chartered Accountants, Mumbai, one of the Joint Statutory Auditors of the Company have tendered their resignation vide their letter dated March 23, 2011, from the office of Statutory Auditors effective from March 31, 2011. The same has been accepted by the Audit Committee and the Board of Directors in their respective meetings held on April 23, 2011.
M/s. Shah & Co., Chartered Accountants, Mumbai, other Joint Statutory Auditor will however continue to act as Sole Auditor and shall hold office till the conclusion of the next Annual General Meeting.
Sensex
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Sunday, April 24, 2011
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