Announced Fri, 29 May · 17:53 IST

GIPCL: Appointment of Cost Auditors of the Company for the FY 2026-27.

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AI summary

Gujarat Industries Power Company Ltd (GIPCL) has appointed M/s. Dalwadi & Associates, Cost Accountants, Ahmedabad as the Cost Auditors for Financial Year 2026-27. The appointment was recommended by the Audit Committee and approved by the Board of Directors at their meeting held on 29th May 2026. The firm, established in 2012 and promoted by CMA Ashwin G. Dalwadi, has over five decades of combined experience in cost audit, management consultancy, and indirect taxation. The term is for one year from 1st April 2026 to 31st March 2027.

Likely market impact

This is a routine compliance filing for appointment of cost auditors and has no direct impact on shareholder value or stock price. It reflects normal governance practice requiring annual appointment of cost auditors as mandated under SEBI regulations.