Ambuja Cements Limited has informed the exchange about the appointment of Cost Auditors and change in Internal Auditors of the Company
AMBUJACEM · price
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Ambuja Cements Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Standalone profit after tax was Rs 1,643.66 crore for Q4 and Rs 3,558.37 crore for the full year. Statutory auditors issued an unmodified opinion. The Board recommended a dividend of Rs 2 per equity share (100%) for FY 2025-26, payable after July 1, 2026, subject to shareholder approval at the June 26, 2026 AGM. Record date for dividend eligibility is June 12, 2026. As part of governance updates, the Board appointed M/s. P.M. Nanabhoy & Co. as Cost Auditors for FY 2026-27, and replaced Mr. Shobhit Dwivedi as Internal Auditor with M/s. Grant Thornton Bharat LLP due to organizational restructuring. The company also completed multiple mergers including Penna Cement and Sanghi Industries during the year.
Routine announcement with no material governance concerns. The change in internal auditor was due to organizational restructuring, not auditor resignation citing issues. Strong financial results and dividend declaration are positive for shareholders.