The Board has, based on the recommendations of the Audit Committee at its meeting held on 22nd May 2025, approved;Appointment of M/s. Pipalia Singhal & Associates, Chartered Accountants, Mumbai as Internal Auditors to conduct the Internal Audit of the records maintain by the Company for the Financial Year 2025-26.
SAURASHCEM · price
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Saurashtra Cement's board, at its 22 May 2025 meeting, approved the audited standalone and consolidated financial results for Q4 and FY ended 31 March 2025. Statutory auditors M/s. Manubhai & Shah LLP issued an unmodified (clean) opinion on the results. The board also confirmed the 67th Annual General Meeting for 29 August 2025 via video conferencing. Additionally, the board approved the appointment of M/s. Goyal & Co. as Cost Auditors and M/s. Pipalia Singhal & Associates as Internal Auditors for FY 2025-26, along with M/s Ragini Choksi & Co. as Secretarial Auditors for a five-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval.
A clean (unmodified) audit opinion reflects healthy financial reporting and is mildly positive for investor confidence. The auditor appointments are routine governance actions for the new financial year and carry no material impact on shareholders or stock price.