Key Decision: Re-appointment of Cost Auditor
The Board of Directors, based on the recommendation of the Audit Committee, approved the re-appointment of M/s Sanjay Kumar Garg & Associates, Cost Accountants (Firm Registration Number: 100292), as the Cost Auditor of the company.
Term and Financials
The appointment is for conducting the Cost Audit of the company for the Financial Year 2026-2027. The re-appointment is subject to the ratification of the auditor's remuneration by the shareholders at the ensuing Annual General Meeting (AGM).
Auditor Profile
A brief profile of the firm's principal, Mr. Sanjay Kumar Garg, was provided. His qualifications include B.COM, FCMA (India), FIPA (Australia), FFA (Australia), CMA (USA), FIoV, and CIA. He is a practicing Cost Accountant with over 24 years of experience in costing, taxation, and auditing. He holds leadership and membership positions in several professional institutes, including President of the IMA (USA) Delhi Chapter, and memberships in the Institute of Public Accountants (Australia), Institute of Financial Accountants (Australia), Institute of Valuer (New Delhi), Institute of Internal Auditor (Mumbai), and Institute of Directors.
Meeting Details
The Board meeting commenced at 03:00 P.M. and concluded at 03:34 P.M. on May 30, 2026.
Financial Impact
Financial impact not quantified in the disclosure. The cost of the auditor's remuneration is to be determined and ratified by shareholders.
Additional Information
The disclosure was signed by Charanjit Singh, Company Secretary & Compliance Officer (Membership No. A12726). The information is also available on the company's website (www.titanbiotechltd.com) and the BSE website (www.bseindia.com).
#Tags: #TitanBiotech #CostAudit #SEBIDisclosure #RegulatoryCompliance #Governance