Shakti Pumps (India) Limited has informed the Exchange regarding Change in Auditors of the company.
SHAKTIPUMP · price
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Shakti Pumps (India) Limited has appointed M/s. M.P. Turakhia & Associates Cost Accountant as Cost Auditor for Financial Year 2026-27. The appointment was approved by the Board of Directors on May 7, 2026, based on the recommendations of the Audit Committee. The firm, led by partners with 28 and 19 years of professional experience in cost audit and management consultancy, will conduct the cost audit in compliance with Section 148 of the Companies Act, 2013. The appointment is subject to shareholders' approval at the ensuing Annual General Meeting.
This is a routine appointment of a Cost Auditor (different from Statutory Auditor) and is unlikely to have any immediate impact on the stock price or shareholders. It is a standard compliance requirement.