Re-appointment of M/s. Panpaliya Taori & Co.Chartered Accountants as the Statutory Auditors of the Company for a Second term of Five consecutive years from 2025-26 to 2029-30.
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Sharda Ispat Ltd has re-appointed M/s. Panpaliya Taori & Co. Chartered Accountants as the statutory auditors of the company for a second term of five consecutive years. The new term will cover financial years from 2025-26 to 2029-30. This is a standard governance step, as the Companies Act allows auditors to serve up to two consecutive 5-year terms. The re-appointment ensures continuity in audit oversight through FY 2030. No change in auditor firm is involved, and the same firm that audited prior years will continue.
This is a routine, regulatory-compliant appointment and is unlikely to have any material impact on the stock price or shareholder value. It signals stability and continuity in the company's audit and governance practices.