Plaza Wires Limited has informed the Exchange regarding Change in Auditors of the company.
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Plaza Wires Limited has disclosed the appointment of new auditors for FY 2026-27. The company appointed M/s BARS & Co., Chartered Accountants (FRN: 032460N) as internal auditors effective 29 May 2026 for the financial year 2026-27. Additionally, M/s Deepak Mittal & Co., Cost Accountants (FRN: 003076) from Jaipur have been appointed as cost auditors for the same period. Both appointments were approved based on the recommendation of the Audit Committee and subsequent Board approval. BARS & Co. is a practising CA firm based in Gurugram with expertise in internal audit, taxation, GST, corporate finance and risk consulting. Deepak Mittal & Co. is a practising cost accountant firm from Jaipur specialising in cost audit, taxation, business laws and financial reporting. The filing does not indicate any departure or resignation of previous auditors.
This appears to be routine annual auditor appointments rather than a replacement, which is standard corporate governance practice. The appointment of qualified Chartered and Cost Accountants following Audit Committee recommendation is a positive governance signal. Shareholders should note this as standard procedural disclosure with no material impact on stock price expected.