Appointment of M/s. Vipinchandra C. Shah & Co., Practicing Chartered Accountants, as Internal Auditor of the Company for F.Y 2026-27.
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Ceejay Finance Limited held its Board meeting on May 29, 2026, approving multiple items including audited financial results for FY 2026 with a net profit of Rs. 771.62 lakhs, up 13.5% from Rs. 679.90 lakhs in the prior year. Total income stood at Rs. 2,662.58 lakhs. The Board recommended a final dividend of Rs. 1.50 per equity share (face value Rs. 10), subject to shareholder approval at the AGM. Additionally, the company appointed M/s. Vipinchandra C. Shah & Co., a peer-reviewed chartered accountancy firm based in Nadiad, Gujarat, as its Internal Auditor for FY 2026-27. The statutory auditor (Kantilal Patel & Co.) issued an unmodified opinion on the annual results.
The appointment of an internal auditor for the new financial year is routine and does not signal any governance concerns. The strong profit growth and dividend recommendation are positive indicators for shareholders.