Auditor7 May 2026, 07:41 pm
Gravita India Appoints Deloitte as Internal Auditor for FY27
AI Summary
Gravita India Ltd has appointed Deloitte Touche Tohmatsu India LLP (Deloitte) as the new internal auditor for the financial year 2026-27, replacing PricewaterhouseCoopers Services LLP (PwC) due to completion of their tenure. The decision was made during the Board of Directors meeting held on May 07, 2026, where the audited financial results for the quarter and financial year ended March 31, 2026, were also approved. Additionally, the board approved the closure of Recycling Infotech LLP and the establishment of a Copper Recycling Plant at Mandvi, Gujarat, with an approximate capital expenditure of ₹160 Crores.
Key Highlights
- Deloitte replaces PwC as Gravita India's internal auditor for FY27.
- Board approves audited financial results for FY26.
- Recycling Infotech LLP to be closed.
- Copper Recycling Plant to be set up in Gujarat with ₹160 Cr capex.