Outcome of Board Meeting held on May 14, 2026.
VRAJ · price
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The Board meeting held on May 14, 2026 approved the appointment of M/s. Sanat Joshi & Associates as Cost Auditors and M/s. Amit Kumar Agrawal & Co. as Internal Auditors for the financial year 2026-27. Both appointments are in line with statutory requirements under the Companies Act, 2013. The Board also noted that the Audited Financial Results for Q4 and the financial year ended March 31, 2026 were not made available by the Auditor in time. As a result, the consideration and approval of these results was deferred to the next Board meeting. The meeting lasted from 3:30 PM to 4:15 PM.
The deferral of audited financial results indicates a delay in reporting, which may create uncertainty for investors awaiting Q4/FY26 performance data. The new auditor appointments are routine and do not indicate any governance concerns.