S.A.L. Steel Limited has informed the Exchange about General Updates inter alia Appointment of Cost Auditor of the Company
SALSTEEL · price
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S.A.L. Steel Limited has announced the appointment of M/s. Ashish Bhavsar & Associates as the Cost Auditor for the financial year 2026-27. The appointment was recommended by the Audit Committee and approved by the Board of Directors on May 29, 2026. The appointment is in compliance with Section 148 of the Companies Act, 2013, which mandates cost audit for certain companies. However, this appointment is subject to approval by shareholders at the company's ensuing General Meeting. The auditor is an Ahmedabad-based firm of practicing cost accountants.
This is a routine compliance filing with no direct impact on stock price. Shareholders should expect to vote on this appointment at the next General Meeting. No material change to governance or financial position is indicated.