Appointment of a) Internal Auditor b) Cost Auditor for Financial Year 2026-27 and c) Secretarial Auditor of the Company for next Five years from Financial Year 2026-27.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rungta Irrigation Ltd's Board of Directors approved audited standalone financial results for Q4 and FY ended March 2026. The company reported revenue of ₹18,117.63 lakhs (down from ₹21,934.92 lakhs in FY25) and net profit of ₹549.28 lakhs (down from ₹622.38 lakhs). EPS declined to ₹2.76 from ₹3.12. The Board re-appointed Mr. Sudhindra Seth as Internal Auditor and M/s S. Shekhar & Co. as Cost Auditor for FY 2026-27. A new appointment was made for M/s Shivam Grover & Associates as Secretarial Auditor for a 5-year term (FY 2026-27 to 2030-31), subject to shareholder approval. Statutory auditors M/s Mamraj & Co. gave an unmodified opinion on the annual financial results.
Revenue and profit declined year-on-year, which may concern investors. However, auditor appointments are routine compliance matters and do not signal governance concerns. The unmodified audit opinion provides comfort on financial reporting quality.