Modern Dairies Limited has made a disclosure pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Board of Directors at its meeting held on Tuesday, 11th August, 2026, has appointed new Statutory Auditors for the company.
The existing Statutory Auditors, APT & Co. LLP, Chartered Accountants, will complete their current term upon the conclusion of the 34th Annual General Meeting proposed to be held on 26th September, 2026.
The Board of Directors, on the recommendation of the Audit Committee, has approved and recommended to the shareholders the appointment of M/s. Sanjeev Sharma & Associates, Chartered Accountants (Firm Registration No. 12326N) as the new Statutory Auditors of the Company.
The appointment is for a period of one year, to hold office from the conclusion of the forthcoming 34th Annual General Meeting until the conclusion of the 35th Annual General Meeting to be held in the year 2027. This appointment is subject to shareholder approval.
Auditor Profile Details
M/s. Sanjeev Sharma & Associates was established in 1993 and is registered with the ICAI, C&AG, and RBI. With over 33 years of professional experience, the firm specializes in:
- Statutory audits
- Concurrent audits
- Revenue audits
- Stock audits
- Internal audits
- GST consultancy
- Income tax advisory
- Accounting services
- Company law compliance services
The firm has served prominent public sector banks, government organizations, and corporate entities including:
- State Bank of India
- Punjab National Bank
- UCO Bank
- Punjab & Sind Bank
- Union Bank of India
- Central Bank of India
- Canara Bank
- India Optel Limited
- Haryana Tourism Corporation Limited
- HSSIDC
- NIELIT
- CITCO
- Haryana State Warehousing Corporation
Financial Impact
Financial impact not quantified in the disclosure.
Effective Date
The new appointment will become effective from the conclusion of the 34th Annual General Meeting on 26th September, 2026, subject to shareholders' approval.