The meeting, which commenced at 2:00 PM and concluded at 3:30 PM, was based on the recommendation of the Audit Committee. The Board of Directors considered and approved two key appointments:

1. Internal Auditor Reappointment

  • Auditor Firm: M/s SJC & Co., Chartered Accountants (Firm Registration No. 031696N)
  • Appointment Basis: Section 138 of the Companies Act, 2013 read with Rule 13 of the Companies (Accounts) Rules, 2014 and other applicable provisions
  • Term: Financial Year 2026-27
  • Appointment Date: 14.08.2026
  • Remuneration: Mutually decided by the Board of Directors and Auditor
  • Firm Profile: Experience of more than 11 years in internal auditing, accounting, income tax, GST consultancy and related services

2. Cost Auditor Reappointment

  • Auditor Firm: M/s JSN & CO., Cost Accountants
  • Appointment Basis: Section 148 of the Companies Act, 2013 read with rules framed thereunder and other applicable provisions
  • Term: Financial Year 2026-27
  • Appointment Date: 14.08.2026
  • Remuneration: Mutually decided by the Board of Directors and Auditor
  • Firm Profile: Experience of more than 12 years in reviewing cost records, ensuring compliance with cost accounting standards, cost audit reports and related services