Appointment of Internal Auditors for the financial year 2026-27.

OMAXAUTO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Omax Autos Ltd held its Board meeting on May 02, 2026 and approved multiple items. The company reported audited financial results for FY 2025-26 with a profit of Rs. 3,704.10 lakhs, an increase from Rs. 2,154.65 lakhs in the previous year. The Board declared an interim dividend of Rs. 2.5 per equity share (25% on Rs. 10 face value) for FY 2025-26, with May 08, 2026 fixed as the record date for determining shareholder eligibility. Additionally, the company appointed two firms as Internal Auditors for FY 2026-27: M/s T S A Business Advisors Private Limited and Neeraj Madan & Associates, based on the Audit Committee's recommendation. The statutory auditors BGJC & Associates LLP issued an unmodified opinion on the financial results.

Likely market impact

This is a routine governance update with positive shareholder returns through dividend declaration. The appointment of internal auditors ensures continued audit coverage for the next financial year.