The monitoring committee has appointed M/s. KMKU & Associates, Chartered Accountants as the Statutory Auditor of the Company for five consecutive financial years from 2024 to 2029
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rajeswari Infrastructure Ltd has appointed M/s KMKU & Associates, Chartered Accountants as its Statutory Auditor for five consecutive years from 2024 to 2029. The company was admitted into Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code in May 2023. The resolution plan submitted by Mr. Guruswamy Ramamurthy was approved by NCLT in January 2026, concluding the CIRP. Since then, a Monitoring Committee has been managing the company, and shareholder voting rights remain suspended under the approved resolution plan. The new auditor appointment is to comply with Companies Act 2013 and SEBI LODR requirements.
This appointment restores basic governance compliance as the company emerges from insolvency. For shareholders, the suspended voting rights and management by the Monitoring Committee indicate continued restructuring phase, meaning limited direct shareholder influence over company affairs at present.