SKFINDUSBSESKF India (Industrial) LtdLowNeutral
Announced Wed, 13 May · 24:05 IST

Appointment of Cost Auditors M/s Joshi Apte & Associates, Cost Accountants for FY 2026-27

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AI summary

SKF India has appointed M/s Joshi Apte & Associates, a peer-reviewed Cost Accountancy firm, as its Cost Auditors for the financial year 2026-27. The appointment was approved by the Board of Directors on 12 May 2026 based on the recommendation of the Audit Committee, in compliance with Section 148 of the Companies Act, 2013. The firm has been operating for 17 years and specialises in cost audit, costing systems, and cost study and analysis services. This is a routine annual appointment of cost auditors required under Indian company law for certain types of companies.

Likely market impact

This is a standard compliance filing with no direct impact on the stock price or shareholder interests. It reflects normal corporate governance practice.