DOMS Industries Limited has informed the Exchange regarding Change in Auditors of the company.
DOMS · price
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DOMS Industries reported strong FY26 audited results with standalone net profit of ₹219.51 crore (up 15.6% YoY) on revenue of ₹2,050 crore, and consolidated net profit of ₹239.56 crore on revenue of ₹2,326 crore. The Board recommended a 15.9% higher final dividend of ₹3.65 per share. Key leadership changes include appointment of M/s. B.F. Modi & Associates as Cost Auditor and M/s. HTKS & Co. as Internal Auditor for FY27, replacing previous firms. The statutory auditor (Price Waterhouse Chartered Accountants LLP) remains unchanged. The Board also re-appointed Mr. Santosh Raveshia as Managing Director and Mr. Sanjay Rajani as Whole-time Director, both for five-year terms starting January 2027, subject to shareholder approval.
The company delivered robust earnings growth and increased shareholder returns, signaling operational strength. The re-appointment of key family-connected directors (Raveshia and Rajani) ensures leadership continuity, though governance watchers may note the familial relationships disclosed between directors.