Vishnu Prakash R Punglia Limited has informed the Exchange regarding Change in Auditors of the company.
VPRPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors approved the appointment of M/s Rajendra Singh Bhati & Co. as Cost Auditor and M/s R.G. Maheshwary & Co. as Internal Auditor for FY 2026-27. Both appointments were made on the recommendation of the Audit Committee as required under the Companies Act. Additionally, the Board approved increasing the Authorized Share Capital from Rs. 150 Crores to Rs. 200 Crores, creating room for an additional 5 crore equity shares of Rs. 10 each. This capital increase requires shareholder approval and will involve alteration of the Memorandum of Association.
The appointment of new cost and internal auditors is a routine compliance matter. The authorized capital increase signals potential future fundraising plans, possibly through equity dilution, which existing shareholders should monitor closely.