Date: May 29, 2026

KMP / Board / Auditor Changes

  • Appointment of M/s. Ashish Bhavsar & Associates as Cost Auditor for financial year 2026-27
  • Firm Registration No.: 000387
  • Membership No.: 22646
  • Location: Ahmedabad
  • Effective date: May 29, 2026 (subject to shareholder approval)
  • Appointment term: Financial year 2026-27
  • Basis of appointment: Recommendation of Audit Committee and Board approval

Board Meeting Outcomes

  • Board accorded consent for appointment of Cost Auditor
  • Decision made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Compliance with section 148 of Companies Act, 2013 and rules made thereunder
  • Appointment subject to shareholder approval in ensuing General Meeting

Profile of Cost Auditor

  • M/s. Ashish Bhavsar and Associates is an Ahmedabad-based firm of practicing cost accountants
  • Offers wide spectrum of services including cost audit, certifications, setting up costing systems, cost consultancy
  • Has handled various assignments across diverse industry and client base
  • Additional services include Internal Audit, Stock and assets verification, Industry studies assignments

No material disclosures under the following sections:

  • Dividend Declaration or Non-Declaration
  • Financial Results (Standalone & Consolidated)
  • Auditor's Report
  • Disinvestment / Strategic Actions
  • Media Release / Investor Communication
  • Other Operational / Legal / Strategic Disclosures