Pricol Limited has informed the Exchange regarding Change in Auditors of the company.
PRICOLLTD · price
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Awaiting price reaction for this filing.
Pricol Limited's board, at its May 15, 2025 meeting, fixed August 6, 2025 as the date for the 14th Annual General Meeting (via video conference) and July 30, 2025 as the e-voting cut-off date. The board approved the re-appointment of Mr. Navin Paul (DIN: 00424944) as Independent Director for a second 5-year term starting October 22, 2025, subject to shareholder approval. Mr. G. Sivagurunathan was re-appointed as Cost Auditor for FY 2025-26, and Mr. P. Eswaramoorthy was appointed as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30). The filing also highlights Q4-FY25 consolidated revenue of INR 7,520.11 Mn (+32.81% YoY) and FY25 consolidated PAT of INR 1,670.30 Mn (+18.79% YoY), along with the recent acquisition of Sundaram Auto Components' Injection Moulded Plastic Component Solutions Division.
Routine governance updates with no disruptive changes — auditor re-appointments and the independent director re-appointment are positive for continuity. The strong Q4 and FY25 earnings, including a 32.81% YoY revenue jump in Q4, should be viewed positively by shareholders.