Enclosed herewith Re- appointment of Auditors of the Company for the F.Y. 2025-2026.
SCANSTL · price
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Scan Steels Ltd has re-appointed two auditors at its Board meeting held on May 17, 2025. M/s. Amarendra Mohapatra & Associates has been re-appointed as Secretarial Auditor, and M/s. P.A. & Associates (Chartered Accountants) has been re-appointed as Internal Auditor, both for FY 2025-2026. The re-appointments are based on the recommendation of the Audit Committee and are in compliance with the Companies Act, 2013 and SEBI Listing Regulations. The Board meeting ran from 4:00 PM to 7:00 PM on the same day. No changes in auditor firms have been made — both were serving prior and are being continued for another year.
This is a routine, neutral disclosure. Continuity of existing auditors signals no governance disruption and is generally welcomed by investors as it maintains audit consistency. No material impact on stock price or shareholder value is expected.