SWAN CORP LIMITED has informed the Exchange regarding Change in Auditors of the company.
SWANCORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Swan Corp Limited's Board of Directors, meeting on 29th May 2026, approved three items: (1) the re-appointment of Mr. Sugavanam Padmanabhan as Whole-Time Director for a further 3-year term starting 24th September 2026, subject to shareholder approval at the ensuing AGM. Mr. Padmanabhan is a former Director (Finance) of Indian Oil Corporation with over 50 years of experience in the Oil & Gas sector. (2) Appointment of Mr. Narendra Vala, a Chartered Accountant with ~11 years of experience, as Internal Auditor for FY 2026-27. (3) Appointment of M/s. Nisha Patel & Associates as Cost Auditor for FY 2026-27. Note: the exchange headline mentioned 'Change in Auditors' but the filing does not mention any outgoing or resigning auditor.
The re-appointment of an experienced Whole-Time Director and fresh appointments of auditors reflect routine governance and compliance activity with no apparent red flags for shareholders.