Board Meeting Details

The Board of Directors meeting was held on Wednesday, 12th August 2026, commencing at 4:00 PM and concluding at 6:00 PM.

Retirement of Statutory Auditors

The Board noted and approved the retirement of M/s. S. K. Patodia & Associates, Chartered Accountants (Firm Registration No. 112723W) as Statutory Auditors of the Company. The retirement occurs upon completion of their second term of five consecutive years at the ensuing 33rd Annual General Meeting of the Company. The cessation date is 28th September 2026, following the conclusion of the 33rd AGM.

Appointment of New Statutory Auditors

On the recommendation of the Audit Committee, the Board approved and recommended to shareholders the appointment of M/s JASS & CO LLP, Chartered Accountants (Firm Registration Number W100280) as Statutory Auditors.

Appointment Details:

  • Date of appointment: 28th September 2026
  • Term: Five consecutive years from conclusion of 33rd AGM until conclusion of 38th AGM in 2031

Firm Profile:

  • Constituted on 14th August 1978
  • Based in Mumbai, India
  • Office address: B-102/103, D-25, B-97, D-18, D-10, MIDC Lote Parshuram, Taluka Khed, Dist. Ratnagiri, Maharashtra, India
  • Services offered: Audit and Assurance, Domestic and International Tax, Transfer Pricing, Indirect Taxes, Mergers & Acquisition services, FEMA, Due Diligence, Business & Transaction Advisory
  • Experience: Serves Large Corporates, PSU audits, NBFC audits, Small and Medium Enterprises (SMEs), and Owner Managed Businesses

Appointment of Cost Auditor

The Board approved the appointment of Mr. Dilip M. Bathija, Cost Accountant (Membership Number 10904) as the Cost Auditor of the Company for Financial Year 2026-2027.

Appointment Details:

  • Date of appointment: 12th August 2026
  • Term: Financial Year 2026-2027
  • Remuneration: Subject to ratification at the ensuing Annual General Meeting

Profile:

  • Highly experienced cost accountant with over 32 years of experience
  • Expertise in cost accounting, financial operations optimization, and cost-efficiency enhancement
  • Strong foundation in cost control measures, financial data analysis, and strategic insights
  • Comprehensive knowledge of regulatory compliance and cost management strategies

Additional Information

The disclosure was signed by Pankaj Manjani, Company Secretary & Compliance Officer, on 12th August 2026 at 19:49:52 +05:30.