StockWatch
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Lubricants
Board Meeting27 May 2026, 07:11 pm

GP Petroleums: Audited Results Approved, Auditor Re-appointed

AI Summary

GP Petroleums Ltd's board meeting on May 27, 2026, approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. M/s. PNG & Co. and M/s. Dilip M. Bathija were re-appointed as Internal Auditors and Cost Auditors, respectively, for FY 2026-27. Mr. Ashish Garg was appointed as Senior Management Personnel, and Mr. Dilip U Vaswani was elevated to Additional Non-Executive Director. Mr. Sukumaran Jeyakrishnan was appointed as Additional Non-Executive Independent Director. Mrs. Deepa Goel resigned as Non-Executive Director. The board also approved a proposal for land acquisition from a related party.

Key Highlights

  • Audited financial results for the year ended March 31, 2026, approved.
  • M/s. PNG & Co. re-appointed as Internal Auditors for FY 2026-27.
  • Mr. Ashish Garg appointed as Senior Management Personnel.
  • Mr. Dilip U Vaswani elevated to Additional Non-Executive Director.
  • Mrs. Deepa Goel resigned as Non-Executive Director.