Enclosed herewith intimation pertaining to appointment of internal auditor
JSWHL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JSW Holdings Ltd held a Board Meeting on May 28, 2026 approving audited standalone and consolidated financial results for FY 2025-26. Standalone net profit stood at Rs 12,159.05 Lakhs compared to Rs 17,469.76 Lakhs in the previous year, with EPS of Rs 109.56 versus Rs 157.41. The company re-appointed Mr. Manoj Kr. Mohta as Whole-time Director for 5 years effective June 1, 2026, subject to shareholder approval. Mr. Nirmal Kumar Karwa was appointed as a Director under Regulation 16(1)(d) of Listing Regulations, also effective June 1, 2026. Mr. Haresh Dua was re-appointed as Internal Auditor for FY 2026-27. HPVS & Associates issued unmodified audit opinions on both standalone and consolidated financial results. The Board also revised the Company's Code of Fair Disclosure under SEBI Insider Trading Regulations.
The 28% decline in standalone net profit and lower EPS may concern investors focused on profitability. However, the continuation of leadership (Mohta re-appointment) and unchanged auditor provides stability. The appointment of Nirmal Karwa, a qualified CA with 18+ years experience including Deloitte, suggests strengthening of the finance function.