Appointment of Secretarial Auditor and Internal Auditor of the Company
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Magenta Lifecare's Board meeting on 28th May 2026 approved the appointment of two auditors: M/s. Gaurav Bachani & Associates as Secretarial Auditor for FY 2025-26 and M/s. MJM Patel & Co. as Internal Auditor for FY 2026-27. The Board also reviewed audited financial results for the half year and year ended 31st March 2026. Full-year total income stood at Rs 1,522.55 lakhs, up from Rs 1,077.09 lakhs in the prior year, while profit after tax was Rs 11.35 lakhs versus Rs 8.28 lakhs previously. The statutory auditor, VCA & Associates, issued an unmodified opinion on the results.
The appointment of new secretarial and internal auditors is routine and not a concern. Improved year-on-year revenue and profitability with an unqualified audit opinion signals financial health.