Appointment of Internal Auditor for the Financial Year 2026-27
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors approved appointment of M/s Megha Tripathi & Associates as Internal Auditor for FY 2026-27. The company also reported strong FY2026 results with revenue of Rs 905.52 Lakhs (up 29% YoY) and profit after tax of Rs 265.39 Lakhs (up 136% YoY), with EPS at Rs 0.86. The Board approved shifting the registered office within Bhopal city from 35 Block-C to 33 Block-C Mansarovar Complex. The company also disclosed utilization of Rs 80.39 Lakhs from Rs 118.18 Lakhs proceeds received from warrant issue, with Rs 37.78 Lakhs remaining unutilized. Statutory auditors issued an unmodified opinion on the financial statements.
Appointment of internal auditor reflects routine compliance; strong financial growth (PAT up 136%) is positive for shareholders, though the significant rise in inventories (Rs 831.81 Lakhs from Rs 150.77 Lakhs) warrants monitoring.