Re-appointment of Internal Auditors and Cost Auditors of the Company.
GULFPETRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GP Petroleums Ltd held a Board Meeting on May 27, 2026, where multiple key decisions were approved. The company reported audited financial results for Q4 and FY 2025-26 with revenue from operations of Rs. 64,261.09 Lakhs and profit after tax of Rs. 2,647.49 Lakhs, showing marginal growth from the previous year. The Board re-appointed M/s PNG & Co. as Internal Auditors and M/s Dilip M. Bathija as Cost Auditors for FY 2026-27. New appointments include Mr. Ashish Garg as Vice President - Operations & Supply Chain Management, Mr. Dilip U Vaswani elevated to Additional Non-Executive Director, and Mr. Sukumaran Jeyakrishnan as Additional Non-Executive Independent Director. Mrs. Deepa Goel resigned as Non-Executive Director. The Board also approved acquisition of adjoining land at Raliawas, Haryana from a related party.
The resignation of Mrs. Deepa Goel from the Board may raise governance concerns, while the appointment of a new Independent Director indicates board renewal. The financial results show steady performance with revenue growth of about 5.3% year-over-year.