The Board has approved the appointment of J.B Mistri & Co; Cost Accountants and the Cost Auditor for the financial year 2026-2027.
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Ganesh Housing's Board approved Q4 and FY2026 audited results showing consolidated total income of Rs. 5,385.09L and PBT of Rs. 4,391.76L, significantly lower than previous year's Rs. 9,934.92L income and Rs. 8,017.36L PBT. The company recommended a 15% dividend (Rs. 1.50 per share) for FY2025-26, payable after shareholder approval at the September 11, 2026 AGM. The Board appointed J.B Mistri & Co. as Cost Auditor and Purnesh R. Mehta & Co. as Internal Auditor for FY2026-27. Statutory auditors J.M Parikh & Associates issued unmodified opinions. The company is transitioning from 'Ganesh Housing Corporation Limited' to 'Ganesh Housing Limited'.
Revenue and profit declined substantially year-over-year, but clean audit opinion and dividend recommendation provide stability signals. Appointment of new auditors is routine and not indicative of governance issues.