Reappointment of Cost Auditor Appointment of Internal Auditor Reappointment of Independent Director
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vishal Fabrics Ltd held its Board meeting on May 20, 2026, and approved the standalone and consolidated audited financial results for Q4 and the full year ended March 31, 2026. The company reported standalone total income of Rs 16,032.55 lakh and profit after tax of Rs 321.78 lakh for FY2026, compared to Rs 238.38 lakh in the previous year. Consolidated profit after tax stood at Rs 328.28 lakh including share of profit from associates. The Board reappointed M/s A.G. Tulsian & Co as Cost Auditor and M/s G B & Co as Internal Auditor for FY 2026-27. Mr. Susanta Kumar Panda was reappointed as Independent Director for a second term of 5 years, subject to shareholder approval. The company also approved the 41st AGM notice.
The financial results show improved profitability year-on-year with PAT growing by 35%, which is positive for shareholders. The routine reappointment of auditors and independent director indicates stable governance with no red flags.