AGROPHOSNSEAgro Phos India LimitedLowNeutral
Announced Fri, 29 May · 22:38 IST

Agro Phos India Limited has informed the Exchange regarding Appointment of Ms Pankaj Somaiya and Associates, LLP as Internal auditor of the company w.e.f. May 29, 2026 for the FY 2026-27

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AI summary

Agro Phos India Limited has appointed M/s. Pankaj Somaiya & Associates, LLP, a Chartered Accountants firm, as its Internal Auditor effective May 29, 2026 for the financial year 2026-27. The appointment was made by the Board of Directors based on the recommendation of the Audit Committee, in compliance with Regulation 30 of SEBI Listing Regulations and Section 138 of the Companies Act 2013. The firm, established in 2000, is based in Burhanpur (MP) and provides services including Compliance Audit, Taxation, Outsourcing, and Management Consultancy. This replaces the previous Internal Auditor of the company.

Likely market impact

This is a routine governance disclosure with minimal direct impact on stock price. The appointment follows proper regulatory procedure, indicating adherence to corporate governance standards.