GRM Overseas Limited has informed the Exchange regarding Change in Auditors of the company.
GRMOVER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GRM Overseas Limited held its Board meeting on May 29, 2026 and approved the audited financial results for Q4 and FY 2025-26. The company reported consolidated revenue of Rs 17,692 crore for FY26, up 31% from Rs 13,482 crore in FY25, with net profit of Rs 743 lakh (after share of associates). The statutory auditor Mehra Goel & Co. issued an unmodified opinion on the financials. The board also re-appointed M/s Umang J & Co. as Internal Auditor for FY 2026-27. The headline mentioning 'Change in Auditors' appears misleading since only the internal auditor was reappointed, not the statutory auditor.
This is a routine board meeting outcome with positive financial performance. The re-appointment of internal auditor poses no concern. The mismatch between the headline and actual content may cause brief confusion but has no direct share price impact.