Intimation regarding the appointment of Cost Auditor for FY 2026-27.
SEDEMAC · price
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Sedemac Mechatronics has appointed M/s. A. J. Paranjape & Co., Cost Accountants (Firm Reg. No. 100480), as its Cost Auditor for FY 2026-27. The appointment was approved by the Board on May 18, 2026, based on the recommendation of the Audit Committee, in compliance with SEBI Listing Regulations. The firm is a 28-year-old registered proprietary concern of Cost and Management Accountants, led by Mr. Amogh Paranjape, a qualified Cost Accountant (1993) and Chartered Accountant. This is a routine annual appointment as part of the company's regulatory compliance obligations.
No direct share price impact expected as this is a standard compliance appointment. However, the appointment of a reputable cost auditor signals good governance practices ahead of the new fiscal year.