Gammon India Limited has informed the Exchange regarding 'Intimation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 (SEBI LODR 2015) Appointment of Cost Auditors -CMA Pradeep Damania for conducting Cost Audit for the FY 2026-27.'.
Awaiting price reaction for this filing.
Gammon India Limited has announced the appointment of CMA Pradeep Damania as Cost Auditor for the financial year 2026-27. The appointment was approved by the Board of Directors on May 30, 2026, based on the recommendation of the Audit Committee. Pradeep Damania is a practicing Cost Accountant with Membership Number 8625 and Firm registration Number 101607 from the Institute of Cost Accountants of India. He has extensive experience in cost audit, cost records maintenance, cost compliance, and management consultancy. He has confirmed his eligibility under Section 141 of the Companies Act, 2013. The appointment is effective from April 1, 2026.
This is a routine appointment required under statutory compliance. The appointment of a qualified cost auditor ensures the company meets regulatory requirements for cost audit. No immediate impact on shareholders or stock price is expected.