Saurashtra Cement Limited has informed the Exchange regarding Appointment of Ms Pipalia Singhal & Associates as Other of the company w.e.f. May 12, 2026.
SAURASHCEM · price
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Saurashtra Cement Limited announced its Q4 and FY2026 audited financial results. The statutory auditors Manubhai & Shah LLP issued an unmodified opinion on both standalone and consolidated financial results. The Board approved appointment of M/s Pipalia Singhal & Associates as Internal Auditors and M/s Goyal & Co. as Cost Auditors for FY 2026-27. Standalone operating cash flow was positive at Rs 3,630.78 lakhs. Finance costs stood at Rs 1,016.82 lakhs with depreciation of Rs 4,422.86 lakhs. Exceptional items of Rs 1,011.37 lakhs were recorded during the year. Total borrowings reduced from Rs 13,449.06 lakhs to Rs 10,619.10 lakhs, indicating debt reduction.
Positive signal for shareholders as auditors gave clean unqualified opinion with no going concern issues. Appointment of new internal auditors indicates refreshed governance controls. Strong operating cash generation and reduced debt levels strengthen the company's financial position.