Announced Mon, 25 May · 20:07 IST

Intimation regarding appointment of Secretarial Auditor.

Auditor Resigned MidtermManagement Changes View source PDF

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AI summary

Typhoon Financial Services held its Board Meeting on 25th May 2026 and approved the Audited Financial Results for FY 2025-26 ended 31st March 2026. Total revenue for the year increased to Rs. 4,109 thousand from Rs. 2,843 thousand in the previous year, while net profit rose significantly to Rs. 768 thousand from Rs. 87 thousand. EPS improved to Rs. 0.26 from Rs. 0.03. The company also announced the appointment of M/s. Kashyap R. Mehta & Partners as Secretarial Auditors to fill a casual vacancy caused by the resignation of M/s. Nishant Pandya & Associates. The new auditor will hold office until the ensuing Annual General Meeting. Statutory auditors Virendra Surana & Co. issued an unmodified (clean) opinion on the financial results.

Likely market impact

The company reported improved financial performance for FY 2025-26. While the mid-term resignation of secretarial auditors may raise minor concerns about internal governance, the appointment of a replacement firm and clean audit opinion from statutory auditors suggests no fundamental issues. The stock is unlikely to see significant impact from this announcement alone.