StockWatch
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Iron & Steel Products
Auditor27 Jul 2026, 06:51 pm

Gallantt Ispat Board changes Statutory Auditors

AI Summary

Gallantt Ispat Ltd's Board of Directors, at their meeting on July 27, 2026, approved the Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026. Additionally, the Board accepted the resignation of M/s. Maroti & Associates as Statutory Auditors, effective after their limited review report for Q1 FY27. M/s. Maroti & Associates cited inability to continue, with no concerns raised. The Board then approved the appointment of M/s. Singhi & Co. as the new Statutory Auditors, subject to approval by members at the upcoming Annual General Meeting.

Key Highlights

  • Board approved Q1 FY27 unaudited standalone and consolidated financial results.
  • M/s. Maroti & Associates resigned as Statutory Auditors.
  • M/s. Singhi & Co. appointed as new Statutory Auditors, subject to AGM approval.
  • Resigning auditors cited inability to continue, raising no concerns.