Submission of Brief profile of Internal Auditor and Secretarial Auditor.
Awaiting price reaction for this filing.
I-Power Solutions India held a board meeting on 30th May 2025 and approved its standalone audited financial results for the quarter and financial year ended 31st March 2025, along with the auditor's report, balance sheet, and cash flow statement. The board also appointed Mr. V. R. Sridharan, a chartered accountant with extensive auditing experience, as the Internal Auditor for FY 2025-26. Additionally, M/s. Lakshmmi Subramanian & Associates, a firm of practicing company secretaries with over three decades of experience serving listed companies, was appointed as Secretarial Auditor for a 5-year term from FY 2025-26 to FY 2029-30, subject to shareholder approval.
Routine governance and compliance update with no material change in business direction. The appointment of experienced auditors should be seen positively for governance, while investors should review the attached FY25 audited results for actual financial performance.