BSEMP Agro Industries LtdMediumNeutral
Announced Fri, 29 May · 13:45 IST

Intimation of Appointment of Secretarial Auditor of the company for the FY 2026-27

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+5.3%1-day move
₹9.54
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₹9.58
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AI summary

The Board of Directors of MP Agro Industries Ltd met on May 29, 2026, and approved the audited financial results for Q4 and the full year ended March 31, 2026. Net profit for FY26 stood at Rs. 6.90 lakh, up from Rs. 2.80 lakh in FY25. The statutory auditors, VCA & Associates, issued an unmodified (clean) opinion on the results. The Board also appointed M/s. JS & Associates as the new Secretarial Auditor for FY 2026-27, replacing the prior firm. Additionally, M/s. Jain Monika & Associates was re-appointed as Internal Auditor for the same period. The company noted it has not yet commenced commercial operations.

Likely market impact

Appointment of a new secretarial auditor and clean audit opinion are routine governance events with no immediate shareholder impact. However, the company remains non-operational with minimal revenue, and investors should monitor future commercial activity plans.