Announced Thu, 29 May · 20:27 IST

Power & Instrumentation (Gujarat) Limited has informed the Exchange regarding Appointment of Mr Mayur Chhaganbhai Undhad as a cost auditor of the company w.e.f. May 29, 2025.

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AI summary

Power & Instrumentation (Gujarat) Limited has appointed Mr. Mayur Chhaganbhai Undhad as the Cost Auditor of the company with effect from May 29, 2025. Cost auditor appointments are a routine regulatory requirement under the Companies Act for companies operating in specified sectors that must maintain and get their cost records audited. The announcement does not specify the term of the appointment or any change from a previous cost auditor. No financial figures, rationale, or replacement details have been disclosed in this filing.

Likely market impact

This is a routine compliance-related appointment and is unlikely to have any meaningful impact on the company's operations, financials, or share price. Shareholders should treat this as standard governance housekeeping.