Chemfab Alkalis Limited has informed the Exchange regarding Change in Auditors of the company.
CHEMFAB · price
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Chemfab Alkalis Limited held its board meeting on 14th May 2025 and approved audited standalone and consolidated financial results for Q4 and the full year ended 31st March 2025, with an unmodified opinion from statutory auditors. The Board recommended a final dividend of Rs. 1.25 per share for shareholder approval at the upcoming AGM. It appointed M/s. Brahmayya & Co as new Internal Auditors and reappointed M/s. Madhavan, Mohan & Associates as Cost Auditors, both for FY 2025-26. It also recommended M. Damodaran & Associates LLP as Secretarial Auditors for a five-year term (FY 2025-26 to FY 2029-30), noting there is no actual change in the secretarial auditor.
The announcement is largely routine annual governance housekeeping with no change in statutory or secretarial auditors, so it is unlikely to move the stock significantly. The modest Rs. 1.25 final dividend signals a stable but not highly rewarding capital return policy for shareholders.