Appointment of Internal Auditor of the Company.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ramgopal Polytex Limited held its Board meeting on May 20, 2026, approving audited financial results for Q4 and FY ended March 31, 2026, with statutory auditors Rungta Agarwal and Associates giving an unmodified opinion. The company also decided to sell its entire holding of 1,90,000 equity shares (face value Rs.10 each) in Ramgopal Synthetics Limited to Mrs. Minal Nipoon Agarwal and Mr. Nipoon G. Agarwal for a lump sum consideration of Rs.1,34,90,000 (Rs.71 per share), completing the sale by May 31, 2026. Separately, Mr. Ravi Seth of M/s. Ravi Seth & Co. was appointed as Internal Auditor for FY 2026-27. The buyer is not a related party to the promoter group. For the year ended March 31, 2026, the company reported a loss before tax of Rs.199.11 Lakhs.
Appointment of a new internal auditor and the non-related party sale of a subsidiary stake are routine governance actions with no immediate shareholder impact. The company remains in losses for FY2026.