Re- Appointment of Cost Auditor and Fixation of their Remuneration for the FY-2026-27
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Airfloa Rail Technology Limited has re-appointed M/s. SVM & Associates, Cost Accountants (Firm Registration No. 000536) as the Cost Auditor for Financial Year 2026-27. The appointment was approved by the Board of Directors at their meeting held on May 30, 2026. The auditor's remuneration has been fixed by the board, but this is subject to ratification by shareholders at the upcoming Annual General Meeting. SVM & Associates is a Chennai-based CMA firm, with Mr. T. Vigneshwaran as a partner handling the audit work. This appointment is mandatory under Section 148 of the Companies Act 2013 for regulatory compliance.
This is a routine corporate governance filing with no direct impact on the company's financial performance or stock price. Shareholders will get an opportunity to ratify the auditor's fees at the AGM.