Mahindra EPC Irrigation Limited has informed the Exchange regarding Appointment of Mr CMA Arpita Amol Fegde, Practicing Cost Accountants as the Cost Auditors of the Company for the Financial Year 2026-27.
MAHEPC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mahindra EPC Irrigation Limited held its Board meeting on April 21, 2026, approving multiple items. The company reported audited standalone revenue of Rs 312 crore for FY2026, up 14.4% from Rs 272.67 crore in FY2025, with profit after tax of Rs 12.69 crore versus Rs 7.21 crore previously. The board appointed two new Additional Non-Executive Independent Directors: Dr. Purvi Mehta (former Gates Foundation) and Mr. Balram Singh Yadav (former MD of Godrej Agrovet). Mr. Ramesh Ramachandran was re-appointed as Managing Director. Regarding KMP, Mr. Madhvendra Pratap Singh was appointed as Company Secretary effective May 1, 2026, succeeding Mr. Ratnakar Nawghare who ceased on April 30, 2026 due to superannuation. CMA Arpita Amol Fegde was appointed as Cost Auditors for FY 2026-27. The company also allotted 8,284 equity shares under its ESOS scheme.
The strong financial performance and addition of experienced independent directors with deep agri-sector expertise should boost investor confidence. The seamless KMP transition and auditor appointments indicate stable governance. However, the company disclosed a potential SEBI contravention regarding material related party transactions with Mahindra & Mahindra Limited exceeding prescribed limits.