AKIBSEAKI India LtdLowNeutral
Announced Fri, 15 May · 20:22 IST

Announcement under Regulation 30 - Appointment of Internal Auditor

Management Changes View source PDF

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AI summary

AKI India Ltd's Board of Directors met on May 15, 2026 and approved two items: (1) Standalone and Consolidated Audited Financial Results for Q4 and FY26 ended March 31, 2026, and (2) Appointment of M/s. Shaunak Mall and Associates as Internal Auditor for FY 2026-27. The new internal auditor is a Cost Management Accountant firm from Kanpur with 15 years of experience. Financial performance shows standalone revenue of Rs. 7,507.34 lakh and net profit of Rs. 163.37 lakh for FY26. On consolidated basis, revenue stood at Rs. 8,713.87 lakh with net profit of Rs. 193.44 lakh. EPS for the year was Rs. 0.19. The statutory auditors issued an unmodified opinion on the financial results.

Likely market impact

Appointment of an experienced external internal auditor reflects strengthening of governance practices. The company reported steady growth with consolidated revenues crossing Rs. 8,700 lakh, though the EPS remains modest at Rs. 0.19.