Re-appointment of Internal Auditor for the financial year 2026-27
SUYOG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Suyog Telematics Limited's Board meeting held on May 26, 2026 approved the re-appointment of M/s. SKS S & Associates, Chartered Accountants, as the Internal Auditor for FY 2026-27, effective April 1, 2026. The firm, operating since 2018, provides audit, taxation, and consulting services. This is a continuation of the existing internal audit arrangement. The Board also approved the audited standalone and consolidated financial results for FY 2025-26 (reporting profit after tax of Rs. 6,307.10 Lakhs on consolidated basis) and recommended a final dividend of Rs. 1 per equity share (10% on face value of Rs. 10), subject to shareholder approval at the AGM.
The re-appointment of the internal auditor is a routine governance action with no material impact on stock price. The company reported strong consolidated profit growth of 55.5% YoY, which is the more significant factor for investors.