Auditor13 Aug 2026, 06:51 pm
Gujarat Investa Appoints Internal Auditor; Two Directors Resign
AI Summary
Gujarat Investa Ltd announced the appointment of M/s. Kamal M. Shah & Co. as its Internal Auditor for the Financial Year 2026-27 following a Board Meeting held on August 13, 2026. The company also noted the resignations of Independent Directors Mr. Sumant Laxminarayan Periwal and Mr. Anandkumar Parmeshwar Agrawal, effective the same day. The Board will reconstitute its committees upon the appointment of new Independent Directors. Additionally, the unaudited standalone financial results for the quarter ended June 30, 2026, were approved, showing a profit before tax of ₹4.75 Lakhs.
Key Highlights
- Internal Auditor appointed for FY 2026-27.
- Two Independent Directors resigned from the board.
- Unaudited Q1 FY27 results approved.
- Board committees to be reconstituted.
- Profit before tax for Q1 FY27 stood at ₹4.75 Lakhs.
Price Impact
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