Appointment of Internal Auditor for the FY 2026-27 -Mr . Venkatesh P A , Chartered Accountant.
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Paramount Cosmetics India Ltd's Board of Directors met on May 8, 2026, and approved several items including audited financial results for Q4 and FY 2025-26, re-appointment of Secretarial Auditor M/s. Brajesh Gupta & Co., and appointment of Mr. Venkatesh P A, a Chartered Accountant with over 10 years of experience in finance, accounting, and taxation, as the Internal Auditor for FY 2026-27. The company reported total income of Rs. 2,25,047 lakhs for FY 2025-26. Statutory auditors Sharma & Pagaria issued an unmodified opinion. The company also disclosed writing off inventory worth Rs. 415.82 lakhs during the year.
The appointment of an experienced Internal Auditor signals continued focus on internal controls and governance. This is a routine appointment with no immediate impact on shareholders. The financial results show the company maintained profitability with net profit of Rs. 3.96 lakhs.