Auditor12 Aug 2026, 04:05 pm
Agarwal Fortune Reappoints Statutory Auditor & MD
AI Summary
Agarwal Fortune India Ltd's Board of Directors met on August 12, 2026, approving the unaudited financial results for Q1 FY27. Key decisions included the reappointment of M/s Jethani & Associates as Statutory Auditors for FY26-27 and M/s ASAR & Associates as Internal Auditors for FY26-27. Additionally, Mr. Mahesh Kumar Agarwal was re-appointed as Managing Director for a five-year term starting July 22, 2027, subject to member approval. The board also approved related party transaction limits for FY26-27. The trading window will remain closed until August 14, 2026.
Key Highlights
- Statutory Auditor M/s Jethani & Associates reappointed for FY26-27.
- Internal Auditor M/s ASAR & Associates reappointed for FY26-27.
- MD Mr. Mahesh Kumar Agarwal reappointed for five years.
- Unaudited Q1 FY27 financial results were approved.
- Related party transaction limits approved for FY26-27.
Price Impact
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