TBOTEKNSETBO Tek LimitedLowNeutral
Announced Thu, 28 May · 18:42 IST

TBO Tek Limited has informed the Exchange regarding the appointment of Internal Auditors for Financial Year 2026-27.

TBOTEK · price

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AI summary

TBO Tek Limited reported audited standalone revenue from operations of Rs 1,457.03 million for Q4 FY26 and Rs 5,838.27 million for full year FY26. Profit before tax stood at Rs 252.39 million for Q4 and Rs 757.18 million for FY26, with EPS of Rs 5.29 (basic). The Board approved appointment of Grant Thornton Bharat LLP as Internal Auditors for FY 2026-27. Three Independent Directors - Mr. Ravindra Dhariwal, Mr. Rahul Bhatnagar, and Ms. Anuranjita Kumar - are being re-appointed for a second term, pending shareholder approval at the AGM. The auditors issued an unmodified (clean) opinion on the financial statements.

Likely market impact

The clean audit opinion and appointment of a Big 4 firm (Grant Thornton) as internal auditor reinforces governance standards. The pending FEMA adjudication (Rs 712.25 million contravention) remains a regulatory risk factor, though no provisions were made. Strong cash position of Rs 1,907.41 million provides flexibility for growth investments.