Appointment of Internal Auditor of the Company
Price
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Awaiting price reaction for this filing.
Megri Soft's Board, at its May 19, 2025 meeting, approved audited standalone and consolidated financial results for Q4 and the full year ended March 31, 2025. Total standalone income for FY25 was around Rs. 361 lakhs, with profit before tax of roughly Rs. 91 lakhs and net profit in the region of Rs. 74 lakhs. Statutory auditor Narinder Kumar And Company issued an unmodified (clean) opinion on the results. The Board also re-appointed M/s Vikas Wasson & Associates as Internal Auditor for five consecutive years (FY 2025-26 to FY 2029-30) and re-appointed M/s K V Bindra & Associates as Secretarial Auditor for four years (FY 2025-26 to FY 2028-29), subject to shareholder approval at the AGM. Results include the company's 100% UK subsidiary on a consolidated basis.
This is a routine corporate update with no negative signals. A clean audit opinion and continuity of auditors suggest stable governance. No immediate price-moving catalyst, though it confirms the company has closed FY25 with modest profits and positive operating cash flows.