Announcement Under Regulation 30(LODR) Re-appointment of Internal Auditor Mr. Munesh Singh for the financial year 2025-26 and Appointment of Secretarial auditor M/s Saurabh Agrawal & Co. ....
Awaiting price reaction for this filing.
Emmsons International's board met on 30th May 2025 and approved audited financial results (standalone and consolidated) for Q4 and FY ending March 31, 2025. The auditor issued a qualified opinion on the results, with a statement of impact also filed. The board appointed Mrs. Pinki Kaushik as a Non-Executive Additional Women Independent Director for a 5-year term, subject to shareholder approval. Mr. Munesh Singh was re-appointed as Internal Auditor for FY 2025-26, and M/s Saurabh Agrawal & Co. was appointed as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30). The board added a new independent woman director, which improves board diversity, but the qualified audit opinion is a concern worth monitoring.
The qualified opinion from the auditor on FY25 results is a negative signal that may concern investors about the quality of the company's financials or accounting practices. The new auditor and director appointments are routine governance items, though adding an independent director is a positive step for board oversight.