Intimation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015- Appointment of Cost Auditor - CMA Pradeep Damania for conducting Cost Audit for FY- 2025-26.
Awaiting price reaction for this filing.
Gammon India Limited has appointed CMA Pradeep Damania as Cost Auditor for the financial year 2026-27. The appointment was approved by the Board of Directors on May 30, 2026, based on the recommendation of the Audit Committee, effective from April 1, 2026. Mr. Damania is a practicing Cost Accountant with over extensive experience in cost audit, cost records maintenance, cost compliance, and advisory services. He holds membership with the Institute of Cost Accountants of India and has confirmed his eligibility under the Companies Act, 2013.
This is a routine regulatory compliance filing. Appointment of a Cost Auditor is mandatory under the Companies Act and does not signal any change in the company's financial health or governance. No direct impact on shareholders or stock price expected.