G R Infraprojects Limited has informed the Exchange about Appointment of Cost Auditor of the Company.
GRINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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G R Infraprojects Limited held its Board meeting on 11th May 2026 approving multiple items. The company reported strong audited financial results for FY2026 with revenue from operations of Rs. 7,62,021.73 lakhs (up 20.7% YoY) and profit after tax of Rs. 99,605.62 lakhs (up 23.5% YoY). EPS stood at Rs. 102.95 for the year. Key board changes include appointment of Mr. Ajendra Kumar Agarwal as Chairman (additional role), re-appointment of Mr. Rajan Malhotra as Independent Director for a second term, and appointment of Mr. Ashwin Agarwal as Whole Time Director. Mr. Desh Raj Dogra completed his two terms as Independent Director and ceased to be a director. M/s Rajendra Singh Bhati & Co. was appointed as Cost Auditors for FY 2026-27 at Rs. 1.25 lakhs. Statutory auditors issued an unmodified (clean) opinion. The document also notes an ongoing regulatory matter pending before Hon'ble High Court of Gauhati and an Income Tax search conducted in October 2025, with no material impact expected.
Strong financial performance with clean audit opinion is positive for shareholders. Board changes reflect routine succession planning. However, shareholders should note the ongoing regulatory matter and IT search mentioned in the filing, though the company expects no material adverse impact.