APIL appoints MRKS and Associates as Statutory Auditors from 58th to 63rd AGM till 2030
ANSALAPI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board approved M/s MRKS and Associates as new Statutory Auditors for a 5-year term ending with the 63rd AGM in 2030. Also cleared pending standalone financial results from Q3 FY25 through Q3 FY26, which were earlier released without board approval due to ongoing Corporate Insolvency Resolution Process. Company cannot file consolidated results due to difficulties in obtaining data from subsidiaries. No dividend declared for FY25. SOP fine noted for past late filing delays.
New auditor and cleared back results ease compliance concerns, but ongoing CIRP, subsidiary data gaps, and zero dividend remain key risks for shareholders.