Indo Tech Transformers Limited has informed the Exchange regarding Change in Auditors of the company.
INDOTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indo Tech Transformers has appointed M/s. K. Suryanarayanan, Cost Accountants (Registration No. 102347) as the Cost Auditor of the company for the financial year 2025-26. The appointment was made by the Board on May 20, 2025, based on the recommendation of the Audit Committee and is in line with the Companies Act, 2013. The appointee is a fellow member of the Institute of Cost Accountants with over 20 years of experience in finance, costing, taxation, and audits. His remuneration will be placed before shareholders at the upcoming Annual General Meeting for ratification. Importantly, this is an appointment of a cost auditor, not a change in the statutory auditor.
This is a routine regulatory compliance matter required under the Companies Act and is unlikely to have any material impact on the stock price or shareholder value. It reflects normal annual governance practice for verifying cost records.