SHAKTIPUMPNSEShakti Pumps (India) Limited· Electronics - IndustrialMediumNeutral
Announced Fri, 1 Aug · 19:00 IST

Shakti Pumps (India) Limited has informed the Exchange regarding Appointment of M/s. M.P. Turakhia & Associates Cost Accountant as Cost Auditor of the company w.e.f. August 01, 2025.

Management Changes View source PDF

SHAKTIPUMP · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shakti Pumps (India) Limited has appointed M/s. M.P. Turakhia & Associates, a firm of Cost Accountants, as the Cost Auditor of the company for the Financial Year 2025-26. The appointment was approved by the Board of Directors on August 01, 2025, based on the recommendation of the Audit Committee, and is subject to shareholder approval at the upcoming AGM. The firm has three partners with 18-27 years of experience in cost and management consultancy, handling cost audit and advisory assignments across public, private, and government sector companies. The appointment is made to comply with Section 148 of the Companies Act, 2013.

Likely market impact

This is a routine regulatory compliance appointment with no material impact on shareholders or stock price. Cost auditors are required by law for certain companies, and this is a standard yearly appointment.