Announced Sat, 11 Apr · 17:45 IST

Appointment of Internal Auditor for FY 2026-27

Management Changes View source PDF

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AI summary

B2B Software Technologies Ltd held a board meeting on April 11, 2026 where three key items were approved. First, the audited financial results for FY 2025-26 were declared, showing standalone revenue of Rs. 1,607.29 lakhs (up 6% YoY) and consolidated revenue of Rs. 3,045.58 lakhs (up 26% YoY), with standalone profit after tax at Rs. 230.18 lakhs. Second, Ms. Srijani Sarkar, a Chartered Accountant based in Hyderabad with experience in auditing software, energy and healthcare sectors, was appointed as Internal Auditor for FY 2026-27. Third, the statutory auditors issued an unmodified opinion on the financial statements. Additionally, the company had issued bonus shares in 1:2 ratio and declared an interim dividend of Rs. 1 per share during the year.

Likely market impact

The appointment of a new internal auditor is a routine governance exercise and does not indicate any concerns. The company reported improved financial performance with strong revenue growth, particularly on the consolidated basis, which is positive for shareholders.