Intimation/Disclosure of the Events under Regulation 30 of SEBI (LODR), 2015-Appointment of Statutory Auditor
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SRU Steels Limited has appointed M/S BMGS & Associates, Chartered Accountants (Firm Registration No. 026886N), as its new Statutory Auditor with effect from 19th February 2026. The appointment is to fill a casual vacancy in the office of statutory auditor and will remain in effect until the conclusion of the upcoming Annual General Meeting, subject to shareholder approval. The appointment was approved by the Board of Directors in a meeting held on 19th February 2026. The new audit firm offers services including Income Tax, GST, Project Finance, Company-related, and Bank Audit services. The disclosure was signed by Akhil Arora, Managing Director & CFO.
The filling of a casual vacancy suggests the previous statutory auditor exited before completing their full term, which may raise minor governance questions. However, the interim appointment pending AGM approval is a standard regulatory procedure and should not materially affect the stock price.