Veto Switchgears And Cables Limited has informed the Exchange about change in Management reappointment of cost auditor & Internal auditor for the Financial year 26-27
VETO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Veto Switchgears held its Board meeting on May 28, 2026 and approved audited financial results for Q4 and FY ended March 31, 2026. Standalone total income grew 14% to Rs. 25,399.05 Lakhs with net profit up 10.7% at Rs. 2,383.22 Lakhs. Consolidated total income increased 28% to Rs. 38,866.43 Lakhs with net profit of Rs. 2,458.35 Lakhs. The Board recommended a final dividend of Rs. 1 per share (10% of face value Rs. 10), subject to shareholder approval at AGM. Additionally, the company reappointed M/s Rajesh & Company as Cost Auditor and Mr. Kunal Sanghi as Internal Auditor for FY 2026-27, both being routine annual reappointments with no changes to the auditors.
The stock should see neutral reaction as these are routine business-as-usual announcements. The company reported healthy double-digit profit growth, which is positive. The dividend recommendation and reappointment of existing auditors signal stability in corporate governance with no red flags for investors.