1. Appointment of Internal Auditor for FY 25-26. 2. Appointment of Secretarial Auditor for FY 25-26.
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Mangal Compusolution Ltd held its board meeting on May 26, 2025, where it approved audited financial results for FY25 along with the appointment of new auditors for FY26. The company appointed M/s. Anand R. Chandak & Company as Internal Auditor and M/s. Vijay S. Tiwari & Associates as Secretarial Auditor for FY 2025-26. For FY25, total income grew to Rs. 2,732.84 lakhs (up ~16.6% from Rs. 2,344.43 lakhs), while profit after tax rose to Rs. 456.87 lakhs (up ~18.4% from Rs. 385.80 lakhs), with EPS at Rs. 4.05. The board recommended a final dividend of Rs. 0.50 per share (5% on face value of Rs. 10), subject to shareholder approval. Statutory auditors MGB & Co. LLP issued an unmodified (clean) opinion on the financial results.
This is a positive update for shareholders — the company posted healthy revenue and profit growth in its first full year post-IPO (listed on BSE SME in November 2024), declared a maiden dividend, and received a clean audit opinion, signaling sound financial health and governance. However, as an SME-listed stock with modest scale, liquidity remains limited for retail investors.