S H Kelkar and Company Limited has informed the Exchange about Appointment of Auditors
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S H Kelkar and Company Limited (Keva) held its Board Meeting on May 15, 2026, approving audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Consolidated revenue from operations grew 11.5% to ₹2,368.26 crore from ₹2,123.40 crore, while profit before tax slightly declined to ₹112.41 crore from ₹114.81 crore. Total comprehensive income improved significantly to ₹117.68 crore from ₹69.20 crore. The Board also approved appointment of new auditors: Ernst & Young LLP as Internal Auditors, Kishore Bhatia & Associates as Cost Auditors for FY 2026-27, and B S R & Co. LLP as Statutory Auditors for a 5-year term subject to shareholder approval at the 70th AGM scheduled for July 31, 2026. This appears to be a change from current auditor Deloitte Haskins & Sells LLP.
The appointment of B S R & Co. LLP as new statutory auditors represents a significant auditor change that may attract investor attention regarding governance and audit quality. The company's revenue growth is positive, though profit margins show slight compression, which investors should monitor.