BSEKerala Ayurveda LtdLowNeutral
Announced Mon, 25 May · 20:05 IST

Appointment of Internal Auditor and Cost Auditor

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-2.6%1-day move
₹211.40
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AI summary

Kerala Ayurveda Limited held its Board meeting on May 25, 2026, approving audited financial results for Q4 and FY ended March 31, 2026. The company reported consolidated total income of Rs. 14,535.69 lakhs (up from Rs. 12,215.03 lakhs) but posted a consolidated loss before tax of Rs. 1,636.43 lakhs. Statutory auditors G. Joseph & Associates issued an unmodified opinion. The Board appointed Mr. Alphonse Scaria as Internal Auditor for FY 2026-27 (he has 10+ years of experience in audit, taxation and business consulting, including 4 years at Kotak Mahindra Bank). M/s. SLR & Associates, Kochi was appointed as Cost Auditor for the same period. Both appointments are routine annual renewals for the new financial year.

Likely market impact

Routine auditor appointments with no immediate shareholder impact. The company continues to report losses but maintains clean audit opinions, indicating no material concerns from statutory auditors despite the operational losses.