Appointment of Internal Auditor and Cost Auditor
NILAINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nila Infrastructures Limited held its Board meeting on May 2, 2026, and approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported total assets of ₹8,875.26 Lakhs (standalone) on March 31, 2026. The Board appointed M/s Dhirubhai Shah & Co. LLP (Chartered Accountants, established 1961, 9 partners) as internal auditor and M/s Dalwadi & Associates (Cost Accountants, based in Ahmedabad with branch in Vadodara) as cost auditor for FY 2026-27. Statutory auditors M/s M B D & Co. LLP issued an unmodified opinion on the financial statements. The auditors' report highlighted an Income Tax Department search operation from September 2021, with appellate orders substantially deleting/reducing demands against the Holding Company, though appeals for joint ventures remain pending.
Routine corporate governance filing — appointment of new internal and cost auditors for FY 2026-27. No material impact on stock expected as this is standard annual practice with no resignations or governance red flags.