Key Details of Appointment
The Board of Directors, on the recommendation of the Audit Committee, approved the appointment of M I Shah And Co, Chartered Accountants (Firm Registration No. 119025W), as Statutory Auditors for FY 2026-27. The appointment is subject to shareholder approval at the forthcoming Annual General Meeting.
Term of Appointment
Upon appointment, M I Shah And Co will hold office for one year from the conclusion of the 52nd Annual General Meeting until the conclusion of the 53rd Annual General Meeting.
Auditor Qualifications and Experience
The firm has confirmed its eligibility for appointment and possesses:
- Over 25 years of experience in statutory audit of corporate entities (both listed and unlisted) under corporate and allied laws
- Over 25 years of experience in tax audit under Income Tax Act, 1961 for corporate and non-corporate entities
- Over 13 years of experience in statutory audit of trusts, filing income tax returns, and conducting scrutiny assessments
- Over 10 years of experience conducting statutory branch audit of nationalized banks
- The proprietor has over 20 years of experience in handling/executing project finance, especially greenfield projects
Additional Information
The disclosure was made on September 19, 2026, and signed by Riddhi Harsh Desai (Membership No. 61493). The company's registered office is at 213 Udyog Mandir, Pitamber Lane, Mahim (West), Mumbai 400016. The disclosure will be hosted on the company's website www.vapienterprise.com.
Financial Impact
Financial impact not quantified in the disclosure.