BSEIcon Facilitators LtdMediumNeutral
Announced Mon, 25 May · 19:35 IST

Appointment of Internal Auditor of the Company for the FY 2026-27

Management Changes View source PDF

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AI summary

Icon Facilitators Limited held its Board meeting on May 25, 2026, where the Board approved the audited financial results for FY 2025-26. The company reported total income of Rs. 6,118.12 Lakhs, up from Rs. 5,106.55 Lakhs in the previous year. Profit after tax increased to Rs. 447.04 Lakhs from Rs. 295.41 Lakhs, with basic EPS rising to Rs. 7.91 from Rs. 4.29. The statutory auditors issued an un-modified opinion on the standalone financial results. Additionally, the Board appointed M/s Priyansh Singhal & Associates as the Internal Auditor for FY 2026-27. The company also submitted a statement confirming no deviation in the utilization of IPO proceeds of Rs. 1,800 Lakhs, with Rs. 425.56 Lakhs remaining unutilized (deployed in fixed deposits).

Likely market impact

The appointment of a new internal auditor with IPO advisory expertise may signal strengthened financial oversight as the company matures post-listing. Strong profit growth and clean audit opinion are positive signals for shareholders.