MODISON LIMITED has informed the Exchange regarding Change in Auditors of the company.

MODISONLTD · price

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AI summary

Modison Limited's Board of Directors has re-appointed M/s. N. Ritesh & Associates, Cost Accountants as the company's Cost Auditors for the financial year ending March 31, 2027. The appointment was approved at the Board meeting held on May 22, 2026, based on the recommendation of the Audit Committee. The firm, established in 2008, has experience in conducting cost audits across diverse industries including chemicals, pharmaceuticals, engineering, and steel. This is a routine annual re-appointment of the existing cost auditor.

Likely market impact

This is a routine corporate governance action with no material impact on shareholders or the stock. Cost auditor re-appointments are standard practice and do not signal any financial concerns or changes in the company's operations.