Appointment of Internal Auditor of the Company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors approved the appointment of M/s. DAT & Associates, Chartered Accountants as Internal Auditor for FY 2026-27. The company also released audited financial results for Q4 and FY 2025-26 showing standalone revenue of Rs. 4,674 lakhs and profit after tax of Rs. 1,445 lakhs, compared to Rs. 6,459 lakhs revenue and Rs. 3,675 lakhs PAT in the previous year - representing a significant decline in both revenue and profitability. The company incorporated a new subsidiary AIMOTO Works Private Limited in October 2025 holding 53% stake. Statements of deviation for funds raised via preferential issues (October 2024 and November 2025) were also filed, showing no material deviations.
The appointment of a new internal auditor is a routine governance action. However, the substantial decline in revenue and profit year-on-year may concern investors, though the company maintains an unmodified audit opinion.