Ceigall India Limited has informed the Exchange regarding Change in Auditors of the company.
CEIGALL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ceigall India Limited's Board approved audited FY26 standalone results showing revenue of Rs. 38,693.13 million (up 14.2% YoY) and consolidated revenue of Rs. 40,224.01 million, with standalone PAT at Rs. 3,051.83 million. The Board declared a dividend of Rs. 0.50 per share (10%) for FY26, subject to shareholder approval. Three independent director appointments/reappointments were approved: Mr. Ankit Kumar Agrawal appointed as Non-Executive Independent Director from July 2026, while Mr. Vishal Anand and Mrs. Gurpreet Kaur were reappointed for second terms from October 2026. Whole-Time Director Mr. Chitwon Wason resigned effective May 20, 2026. New internal auditor (Grant Thornton Bharat LLP) and cost auditor (Khushwinder Kumar & Associates) were appointed for FY27. A fraud of Rs. 89.65 million was identified and adjusted in Q3 FY26.
The resignation of Whole-Time Director Mr. Chitwon Wason signals a key management change. Positive elements include strong revenue growth, maiden dividend declaration, and board strengthening through new independent director appointment. The fraud identification has been quantified and adjusted.