Re-appointment of Internal Auditor and Cost Auditor.
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Nandan Denim Limited held a Board meeting on May 28, 2026, where the Board approved the re-appointment of M/s. Talati & Talati LLP as Internal Auditor and M/s A.G. Tulsian & Co. as Cost Auditors for FY 2026-27. The appointments were made based on the recommendation of the Audit Committee. The meeting also approved the audited standalone financial results for Q4 and FY ended March 31, 2026. For FY2026, total income was Rs. 2,88,607.32 lakhs, profit before tax was Rs. 4,225.57 lakhs, and net profit was Rs. 3,312.84 lakhs, showing a decline from the previous year's figures of Rs. 3,55,430.25 lakhs, Rs. 4,585.22 lakhs, and Rs. 3,344.85 lakhs respectively. EPS remained flat at Rs. 0.23. The statutory auditors issued an unmodified opinion on the financial statements.
The re-appointment of existing auditors indicates routine governance and continuity in audit functions with no red flags. The decline in revenue and profits may signal operational headwinds, though the company maintains clean financial reporting with an unmodified audit opinion.