RVTHBSERevathi Equipment India LtdMediumNeutral
Announced Fri, 22 May · 22:54 IST

Re-appointment of Cost Auditor and appointment of Internal Auditor

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+21.9%1-day move
₹664.70
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₹677.00
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After-mkt
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AI summary

Revathi Equipment India Ltd has announced two auditor appointments. The Board re-appointed M/s. P. Mohankumar & Co, Cost Accountants as Cost Auditor for FY 2026-2027. This firm is a sole proprietorship established in 2004, led by Mr. P. Mohan Kumar with over 25 years of experience. Additionally, the company appointed M/s Karthikeyan & Jayaram Chartered Accountants as Internal Auditors for FY 2026-2027. This firm has 51 years of experience with 6 partners and 97+ staff. Both appointments were made on 22nd May 2026 based on the recommendation of the Audit Committee. The Cost Auditor's remuneration will be placed before shareholders for ratification at the ensuing AGM.

Likely market impact

These are routine auditor appointments showing the company is maintaining proper governance and compliance with statutory requirements under the Companies Act, 2013. No immediate impact on shareholders expected.