Auditor30 May 2026, 06:41 pm
Bhagwati Autocast Appoints TRS & Associates as Statutory Auditor
AI Summary
Bhagwati Autocast Ltd. has appointed M/s. TRS & Associates as the new Statutory Auditors for a 5-year term starting April 1, 2026, replacing M/s. Mahendra N. Shah & Co. The appointment is subject to member approval at the upcoming Annual General Meeting. The board also approved the audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹3.50 per share. Other appointments include M/s Mehta Sheth & Associates as Internal Auditor and M/s. Kiran J. Mehta & Co. as Cost Auditor for FY 2026-27, along with Mr. Prakash Dalal as an Additional Director.
Key Highlights
- TRS & Associates appointed as Statutory Auditor for 5 years, replacing Mahendra N. Shah & Co.
- Final dividend of ₹3.50 per share recommended for FY26.
- Audited financial results for FY26 approved with an unmodified opinion from existing auditors.
- Mehta Sheth & Associates re-appointed as Internal Auditor for FY27.
- Kiran J. Mehta & Co. re-appointed as Cost Auditor for FY27.
Price Impact
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