Appointment of Secretarial Auditor and Internal Auditor of the Compnay
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Aten Papers & Foam Limited held its Board Meeting on May 30, 2026, and approved the audited financial results for the half year and year ended March 31, 2026. The company reported revenue from operations of ₹11,989.68 Lakhs and profit after tax of ₹738.99 Lakhs, compared to ₹12,742.71 Lakhs revenue and ₹701.14 Lakhs PAT in the previous year. The company also appointed M/s. Gaurav Bachani & Associates as Secretarial Auditor for FY 2025-26 and M/s. Reehan Memon & Associates as Internal Auditor for FY 2026-27. The statutory auditor, M/s. Alvi & Associates, issued an unmodified opinion on the financial results. The company also filed a statement confirming no deviation in the utilization of IPO proceeds of ₹3,168 Lakhs raised in June 2025.
The appointment of new auditors indicates routine compliance and good governance practices. The company maintained profitability despite a slight decline in revenue, and the IPO funds are being utilized as planned without any deviations.