Venus Pipes & Tubes Limited has informed the Exchange regarding Change in Auditors of the company.
VENUSPIPES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Venus Pipes & Tubes Limited held a Board meeting on May 26, 2026, approving its audited financial results for Q4 and the full year ended March 31, 2026. The company reported total income of Rs. 11,784.80 million and net profit of Rs. 1,019.62 million for FY 2026. The Board recommended a final dividend of Rs. 0.50 per equity share (5% on Rs. 10 face value), bringing the total dividend for FY 2025-26 to Rs. 1 per share, subject to shareholder approval at the 12th AGM. The company also re-appointed M/s BRM & Co. as Internal Auditor and M/s K V M & Co. as Cost Auditor for FY 2026-27. Statutory auditors Maheshwari & Co. issued an unmodified opinion. Note: The headline references a 'Change in Auditors,' but the filing actually concerns re-appointments of internal and cost auditors; there is no change to the statutory auditor.
The company's strong net profit and dividend declaration are positive signals for shareholders. The headline mismatch regarding auditor change may cause temporary confusion but no material governance red flags are raised by the actual content.