Management Change27 Jul 2026, 09:12 pm
Gallantt Ispat Appoints New CFO, Changes Auditor
AI Summary
Gallantt Ispat Ltd announced that its Board of Directors, at a meeting on July 27, 2026, approved the resignation of M/s. Maroti & Associates as Statutory Auditors. M/s. Singhi & Co. has been appointed to fill the casual vacancy until the next annual general meeting. The outgoing auditor cited increased audit complexity, resource allocation, and professional commitments as reasons for their resignation. Additionally, Mr. Amit Jalan has been appointed as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company, effective from July 27, 2026.
Key Highlights
- M/s. Maroti & Associates resigned as Statutory Auditors.
- M/s. Singhi & Co. appointed as new Statutory Auditors.
- Mr. Amit Jalan appointed as Chief Financial Officer (CFO).
- Auditor change due to increased complexity and resource allocation.
Price Impact
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