MAMATANSEMamata Machinery LimitedMediumNeutral
Announced Mon, 6 Jul · 20:47 IST

Appointment of Cost Auditor and Internal Auditor for FY 2026-27

Management Changes View source PDF

MAMATA · price

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Price reaction · full curve 14 horizons · vs prior close
-4.9%1-day move
₹397.85
prior close
₹396.15
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.2-0.1-0.2-4.9-4.5-3.8-2.3-4.5-3.5
Up moveDown movePending
AI summary

Mamata Machinery's board, at its July 6, 2026 meeting, approved appointing M/s C.B. Modh and Co. as Cost Auditor and M/s Desai and Desai Chartered Accountants as Internal Auditor, both for financial year 2026-27. The Cost Auditor appointment was made on the Audit Committee's recommendation under Section 148 of the Companies Act, 2013. Shareholder ratification for the Cost Auditor's remuneration will be sought at the next AGM.

Likely market impact

Routine governance update; routine auditor appointments with no material impact expected on shareholders.