Madhya Bharat Agro Products Limited has informed the Exchange regarding Appointment of Mr Akshat Jain as Internal Auditor of the company w.e.f. April 01, 2025.
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Madhya Bharat Agro Products Limited has appointed three auditors following a board meeting on May 9, 2025. M/s K.C. Moondra & Associates has been appointed as Cost Auditor for FY 2025-26. M/s Sourabh Bapna & Associates has been appointed as Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming AGM. Mr. Akshat Jain, a Chartered Accountant based in Bhilwara with prior experience at BSR & Co. LLP (KPMG), has been appointed as Internal Auditor for FY 2025-26. All three appointments are effective from April 1, 2025, and were made on the recommendation of the Audit Committee.
These are routine annual auditor appointments reflecting standard governance and regulatory compliance. No material impact on shareholders or stock price is expected from this disclosure.