Swelect Energy Systems Limited has informed the Exchange regarding Change in Auditors of the company.
SWELECTES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Swelect Energy Systems held its Board Meeting on 21st May 2026 and approved the audited standalone and consolidated financial results for FY2026 ended 31st March 2026. The company reported total income of Rs. 48,277.13 Lakhs for FY2026 compared to Rs. 45,042.66 Lakhs in FY2025. Net profit after tax stood at Rs. 2,952.58 Lakhs versus Rs. 3,642.09 Lakhs in the previous year. The Board recommended a final dividend of Rs. 3.50 per equity share (face value Rs. 10), subject to shareholder approval at the AGM scheduled for 31st July 2026. The Board also appointed M/s. S K Ram Associates as Internal Auditor and M/s. Ravichandran Bhagyalakshmi & Associates as Cost Auditor for FY2026-27. Deloitte Haskins & Sells LLP continues as the Statutory Auditor with an unmodified opinion. Note: The headline mentions 'Change in Auditors' but the document does not reflect any change in statutory auditors - Deloitte continues unchanged.
The company delivered lower profit after tax compared to previous year despite higher revenue. The dividend recommendation provides shareholder returns. No change in statutory auditor was made despite the filing headline.