Announced Sat, 18 Oct · 13:35 IST

Appointment of Cost Auditor of the Company for Financial year 2025-26.

Management Changes View source PDF

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AI summary

Rajesh Power Services Ltd has appointed M/s Shivangi Bhavin Shah & Co, Cost Accountants (Firm Reg. No. 000707), as the Cost Auditor for the financial year 2025-26. The appointment was approved at a Board meeting held on October 18, 2025, and is effective from the same date. The change was necessitated by the accidental death of the previous cost auditor, Mr. Mauik Shah, and Mrs. Shivangi Shah has been brought in as his replacement. Mrs. Shah is a qualified Cost Accountant from the Institute of Cost Accountants of India, practicing since 2016 with experience in cost accounting advisory and compliance.

Likely market impact

This is a routine, compliance-driven appointment with no material impact on shareholders or the stock price. The replacement ensures continuity of the mandatory cost audit for the current financial year.