Appointment of Internal Auditor of Company
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TGIF Agribusiness Limited reported audited standalone financial results for FY2026 ending 31st March 2026. Total income stood at Rs 358.08 Lakhs (vs Rs 359.11 Lakhs prior year), with profit after tax growing ~16% to Rs 201.56 Lakhs from Rs 173.82 Lakhs. The statutory auditors (M/s. Samir M. Shah & Associates) issued an unmodified opinion. The Board also appointed Ms. Zalak Chokshi as Internal Auditor for FY2026-27 to comply with Section 138 of the Companies Act, 2013 — she brings over a decade of experience in auditing, assurance, accounting and taxation. Separately, the company confirmed no deviation or variation in the utilization of Rs 639.47 Lakhs raised via its IPO (May 2024), with Rs 318.52 Lakhs deployed as of the reporting date.
Steady profit growth and a clean audit opinion are positive signals for shareholders; the new internal auditor appointment is a routine governance step with no material impact on the stock.