Change in Cost Auditors – Gujarat Industries Power Company Ltd.
Outgoing Auditor
Not Specified
Incoming Auditor
Name of the New Audit Firm: M/s. Dalwadi & Associates, Cost Accountants
Firm Registration Number (FRN): 000338
Location: Ahmedabad
Term of Appointment and Validity: The term of appointment is for 1 year, for the Financial Year 2026-27, effective from 01 April 2026 to 31 March 2027.
Interim Appointment or Subject to Shareholder Approval: The appointment was approved by the Board of Directors. The disclosure does not specify if shareholder approval is pending.
Qualifications or Professional Standing: M/s. Dalwadi & Associates is a partnership firm established in 2012 and promoted by CMA Ashwin G. Dalwadi. The firm combines over five decades of excellence in cost and management accountancy. Its services include:
- Cost Audit and Cost Accounting Records Maintenance
- Management Consultancy
- Audit & Assurance
- Indirect Taxation & GST
- Financing & Taxation
- XBRL, KPO & Training
- SAP & ERP Consulting
Board / Committee Meeting Details
Date and Name of the Meeting: The Board of Directors meeting was held on 29th May 2026.
Resolutions or Approvals: The Board approved the appointment of the cost auditors based on the recommendation of the Audit Committee.
Meeting Timing: The Board Meeting commenced at 02:30 p.m. and concluded at 04:30 p.m.
Regulatory Compliance Statement (SEBI LODR, Circulars)
The disclosure is made pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024.
Delay in Disclosure: Not Specified
Financial Implications
Not Specified
Annexures / Firm Profiles
A brief profile of the incoming audit firm is provided within the disclosure.
Other Corporate Information
Not Specified