Re-appointment of Cost Auditor, Tax Auditor and Internal Auditors.
KCPSUGIND · price
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KCP Sugar & Industries Corporation held its Board meeting on 27th May 2026 and approved the reappointment of three auditors for the upcoming fiscal years. The Cost Auditor M/s. SRR & Associates was reappointed for FY 2026-27, Tax Auditor M/s. NSK & Associates for FY 2025-26, and Internal Auditors Vimala & Pankaj for FY 2026-27. All appointments were made on the recommendation of the Audit Committee. The company also reported its audited financial results for Q4 and FY 2026, showing a standalone net loss of Rs. 261.86 lakhs for the year, compared to a loss of Rs. 172.24 lakhs in the previous year. Revenue from operations declined to Rs. 19,584.21 lakhs from Rs. 22,735.39 lakhs year-on-year.
The reappointment of all three auditors indicates continuity in the company's audit framework with no governance concerns. However, the declining revenue and persistent losses in the sugar business segment may weigh on investor sentiment.