
Auditor25 May 2026, 10:11 pm
Fredun Pharma Reappoints Internal & Cost Auditors for FY 2026-27
AI Summary
Fredun Pharmaceuticals Ltd re-appointed M/s. Nikhil Maniar & Associates as Internal Auditor and M/s. Joshi Apte & Associates as Cost Auditor for the financial year 2026-2027. This decision was made during the Board of Directors meeting held on May 25, 2026, where the board also approved the audited financial results for the quarter and financial year ended March 31, 2026, recommended a final dividend of 7% (₹0.70 per share), approved an increase in authorized share capital, and approved the issuance of bonus shares in the ratio of 2:1.
Key Highlights
- Internal Auditor: M/s. Nikhil Maniar & Associates re-appointed for FY 2026-27.
- Cost Auditor: M/s. Joshi Apte & Associates re-appointed for FY 2026-27.
- Final Dividend: Recommended 7% (₹0.70 per share) for FY 2025-26.
- Bonus Shares: Approved issuance in the ratio of 2:1.
- Authorized Share Capital: Increased from ₹10 Crores to ₹50 Crores.
Price Impact
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