Re-appointment of Agrawal Tondon & Co. as Internal Auditor for the FY 2026-27
MANAKSIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Manaksia Ltd's Board approved audited financial results for FY 2025-26. Standalone revenue from operations stood at Rs. 17,306.15 lakhs with PAT of Rs. 5,292.27 lakhs. Consolidated revenue grew to Rs. 78,409.13 lakhs from Rs. 73,104.83 lakhs in the prior year, with consolidated PAT of Rs. 5,812.38 lakhs. Statutory auditors S K Agrawal and Co. gave unmodified opinions. The Board also re-appointed Agrawal Tondon & Co. as Internal Auditor for FY 2026-27 and approved re-appointment of Mr. Suresh Kumar Agrawal (72, Chemical Engineer) as Managing Director for another 3 years starting November 2026, subject to shareholder approval. Additionally, a demerger scheme for the Metal Product business into subsidiary Manaksia Ferro Industries Ltd is awaiting NCLT approval.
Clean audit opinions and revenue growth signal financial stability. The MD's reappointment and internal auditor continuity indicate stable governance. The pending demerger of the metal business into a subsidiary may create value unlock opportunities but remains subject to regulatory approvals.