Chowgule Steamships Limited has made disclosures pursuant to Regulation 30 of the SEBI Listing Regulations regarding the appointment of auditors.
1. Appointment of Internal Auditor
- The company appointed M/s. Singavi, Oturkar and Kelkar as Internal Auditors for the Financial Year 2026-27.
- The appointment date was May 26, 2026.
- The firm has over two decades of experience conducting statutory audits for nationalised banks under the Reserve Bank's empanelment. It also conducts internal audits for various urban cooperative banks.
- The firm is empanelled with the Comptroller and Auditor General of India and has handled statutory audits for several public sector undertakings across industries.
- The firm operates with a dedicated team of 31 audit professionals, including 24 article clerks.
- There are no disclosed relationships between directors and the audit firm.
2. Continuation of Secretarial Auditor
- The company continued the appointment of M/s. Pranay D. Vaidya and Co. as Secretarial Auditors.
- The firm was originally appointed for a period of five years in the 62nd Annual General Meeting.
- The continuation date was May 26, 2026, subject to shareholder approval in the Annual General Meeting.
- Pranay D. Vaidya & Co. is a professionally managed Company Secretary firm registered with the Institute of Company Secretaries of India (ICSI).
- The firm provides comprehensive corporate compliance solutions across regulatory frameworks including the Companies Act, RBI regulations, SEBI regulations, and allied laws.
Financial Impact
Financial impact not quantified in the disclosure.