StockWatch
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Iron & Steel Products
Auditor13 Aug 2026, 05:20 pm

Crimson Metal Engineering Re-appoints Auditors for 5 Years

AI Summary

Crimson Metal Engineering Company Ltd has announced the re-appointment of M/s OP Bagla & Co. LLP, Chartered Accountants, as its Statutory Auditor. This re-appointment is for a second term of five consecutive years, commencing from the conclusion of the 42nd AGM until the conclusion of the 46th AGM in 2031. The decision was based on the recommendation of the Audit Committee and approved by the Board of Directors on August 13, 2026, subject to shareholder approval. The auditors have confirmed their eligibility under Section 141 of the Companies Act, 2013. M/s OP Bagla & Co. LLP brings over 55 years of experience in various audit and financial services.

Key Highlights

  • Statutory auditor M/s OP Bagla & Co. LLP re-appointed for a second 5-year term.
  • Re-appointment is subject to shareholder approval at the upcoming AGM.
  • The new term runs from the 42nd AGM to the 46th AGM (2031).
  • Auditors confirmed eligibility under Companies Act, 2013.
  • Firm possesses extensive experience exceeding 55 years in audits and financial services.