BSEPanjon LtdMediumNeutral
Announced Fri, 29 May · 19:22 IST

Enclosed Herewith BM Outcome dated 29.05.2026 for Appointment of Internal Auditor M/s B. Jakhetiya & Co. Chartered Accountant for the Financial year 2026-27

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Price reaction · full curve 14 horizons · vs prior close
-8.1%1-day move
₹22.85
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AI summary

Panjon Limited's Board meeting held on May 29, 2026 approved two key items: (1) Appointment of M/s B. Jakhetiya & Co., Chartered Accountants (33+ years experience) as Internal Auditor for FY 2026-27 effective May 30, 2026, citing compliance with Companies Act 2013 and SEBI LODR requirements. (2) The audited financial results for Q4 and full year ended March 31, 2026 were approved with an unmodified opinion from statutory auditor Goyal Parul & Co. Full year revenue stood at Rs 4,792.13 Lakh (up 56% YoY from Rs 3,076.59 Lakh), with net profit after tax of Rs 72.45 Lakh (up 37% from Rs 52.74 Lakh). Total assets increased to Rs 2,175.90 Lakh from Rs 2,005.03 Lakh. The board meeting lasted from 3:00 PM to 5:30 PM.

Likely market impact

The internal auditor appointment is routine governance compliance and carries no negative shareholder implications. Strong revenue and profit growth with cash flow turning positive (Rs 28.44 Lakh vs negative Rs 227.31 Lakh prior year) is a positive indicator for investors.