
Auditor5 Aug 2026, 07:40 pm
Davangere Sugar Reappoints DGMS & Co. as Statutory Auditor
AI Summary
Davangere Sugar Company Ltd announced the reappointment of M/s. DGMS & Co., Chartered Accountants, as its Statutory Auditor. This decision was recommended by the Audit Committee and approved by the Board of Directors during their meeting on August 5, 2026. The reappointment is for a period of five consecutive years, commencing from the conclusion of the 55th AGM until the conclusion of the 60th AGM, subject to shareholder approval. M/s. DGMS & Co. will undertake their second consecutive five-year term. The firm, with a head office in Jamnagar, Gujarat, provides various audit and financial certification services.
Key Highlights
- Statutory auditor M/s. DGMS & Co. reappointed for five years.
- Reappointment is subject to shareholder approval at the upcoming AGM.
- This marks the second consecutive five-year term for the auditors.
- Board meeting held on August 5, 2026, approved the reappointment.
Price Impact
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