Announced Thu, 7 May · 14:50 IST

Tara Chand InfraLogistic Solutions Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

TARACHAND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Tara Chand InfraLogistic Solutions Limited held a Board meeting on April 30, 2026 and approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. Net revenue from operations (net of GST) stood at Rs. 28,484.75 lakhs, up from Rs. 24,781.80 lakhs in the prior year. Profit before tax was Rs. 3,720.34 lakhs (standalone) and Rs. 3,718.55 lakhs (consolidated), compared to Rs. 3,325.37 lakhs in the previous year. The statutory auditors, M/s Sangeet Kumar & Associates, issued an unmodified opinion. The Board also re-appointed Ms. Nitika Mahajan as Internal Auditor for FY 2026-2027 and recommended a dividend of Rs. 0.20 per equity share, subject to shareholder approval at the ensuing AGM.

Likely market impact

The company delivered year-on-year revenue and profit growth with a clean audit opinion, signalling financial health. The recommended dividend and re-appointment of the internal auditor indicate continuity in governance. However, the headline's mention of a 'Change in Auditors' is not substantiated by the document content.