The Board of Directors approved the appointment of Jitender Navneet & Co., Cost Accountants (Firm Registration No.: 000119) as the Cost Auditor of the Company for the Financial Year 2026-27.
The appointment was made based on the recommendation of the Audit Committee.
The board meeting was held on November 14, 2026, commencing at 11:35 AM (IST) and concluding at 12:45 PM (IST).
Strategic or Business Context
Not applicable to this disclosure
Any Other Material Information
The appointment fills a casual vacancy caused by the demise of the erstwhile Cost Auditor, Mr. S.R. Kapur.
The appointment is in compliance with the requirements of Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements), 2015.
Jitender Navneet & Co. is an established firm founded in 2003 with offices in Delhi, Maharashtra, Uttar Pradesh, and Rajasthan.
The firm is registered with the Public Company Accounting Oversight Board (PCAOB), USA.
The firm's practice covers cost audits, costing system design, internal and SOX audits, inventory valuation, GST litigation, and IBC consultancy.
The firm is led by Managing Partner CMA Navneet Kumar Jain (FCMA, MBA, LL.B., Insolvency Professional), who is a qualified forensic auditor, registered independent director, and former consultant to the World Bank and WHO.
No relationship exists between the cost auditor and the company's directors.
