Re-appointment of statutory auditors for next term of 5 years and recommendation of same to members of the Company
SOFTTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Softtech Engineers reported strong FY26 audited results with standalone revenue of Rs. 12,830 Lakhs (up 37% YoY) and profit after tax of Rs. 957.49 Lakhs (up 131% YoY). Consolidated PAT was Rs. 532.69 Lakhs (up 300% YoY). The Board approved re-appointment of P G Bhagwat LLP as statutory auditors for a fresh 5-year term (30th to 35th AGM), subject to shareholder approval. Ms. Aadishri Apte was appointed as Company Secretary, Compliance Officer and Nodal Officer. Sharp & Tannan Associates were appointed as internal auditors for FY27. Auditors issued an unmodified opinion on both standalone and consolidated financials. The company operates in a single IT and software services segment.
Positive development. Strong profit growth and clean audit opinion indicate healthy operations. Re-appointment of existing auditors provides continuity and signals stability. New compliance appointments strengthen governance framework.