Deep Industries Limited has informed the Exchange regarding Change in Auditors of the company.
DEEPINDS · price
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Deep Industries' board approved audited financial results (standalone and consolidated) for Q4 and FY ended March 31, 2025, with the statutory auditor M/s Mahendra N. Shah & Co. issuing an unmodified opinion. The board recommended a final dividend of Rs. 3.05 per share (61% on face value of Rs. 5), subject to shareholder approval at the upcoming AGM. The board also re-appointed M/s Manubhai & Shah LLP as the Internal Auditor for FY 2025-26, a routine continuation of an existing engagement. Key managerial personnel were authorised for materiality determinations and stock exchange disclosures, and an amended Code of Fair Disclosure for UPSI was adopted.
The 61% final dividend is a healthy capital return signal for shareholders. The continuation of both the statutory and internal auditors suggests governance stability with no audit-related concerns. Overall, this is a routine year-end outcome with positive dividend news for investors.