Appointment of Internal Auditor and Re-appointment of Cost Auditor of the company.
BSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BSL Ltd's Board meeting on 19th May 2026 approved the appointment of M/s S.N. Lathi & Co., Chartered Accountants as Internal Auditors for FY 2026-27, and re-appointed M/s N.D. Birla & Co., Cost Accountants as Cost Auditors for the same period (subject to shareholder ratification at the ensuing AGM). The Board also approved audited financial results for Q4 and full year ended 31st March 2026. Full-year revenue stood at Rs 657.04 Crores, with PBT of Rs 2.72 Crores and net profit of Rs 2.38 Crores — a sharp decline from prior year's PBT of Rs 10.72 Crores and net profit of Rs 8.16 Crores. The Board did not recommend any dividend for FY 2025-26. Statutory auditors SSMS & Associates issued an unmodified opinion. The trading window for insiders will open from 22nd May 2026.
The company saw a significant ~75% drop in net profit year-on-year, which is negative for shareholders. No dividend adds further disappointment. However, auditor appointments are routine governance actions with no immediate stock price impact.