Auditor5 Aug 2026, 07:30 pm
Davangere Sugar Re-appoints M/s. D G M S and Co. as Auditors
AI Summary
Davangere Sugar Company Ltd announced the re-appointment of M/s. D G M S & Co., Chartered Accountants, as its Statutory Auditors. This re-appointment is for a period of five consecutive years, commencing from the conclusion of the 55th Annual General Meeting (AGM) until the conclusion of the 60th AGM. The decision was recommended by the Audit Committee and approved by the Board of Directors during their meeting held on August 05, 2026. The re-appointment is subject to the approval of the company's shareholders at the upcoming AGM. M/s. D G M S & Co. will be serving their second consecutive five-year term.
Key Highlights
- Statutory Auditors M/s. D G M S & Co. re-appointed.
- Re-appointment term is for five consecutive years.
- Term begins after the 55th AGM, concludes at 60th AGM.
- Board approved based on Audit Committee recommendation.
- Shareholder approval is required at the ensuing AGM.
Price Impact
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