StockWatch
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Household Appliances
Auditor25 May 2026, 07:51 pm

IFB Industries Appoints Mani & Co. as Cost Auditor for FY27

AI Summary

IFB Industries Ltd. has appointed M/s. Mani & Co., Cost Accountants (Firm Registration No. 000004) as the Cost Auditor for the financial year 2026-27 with a remuneration of ₹ 9 lakhs, subject to shareholder approval. The Board of Directors approved the appointment during its meeting on May 25, 2026. Additionally, the company re-constituted its Risk Management and Project Review Committees.

Key Highlights

  • Mani & Co. appointed as Cost Auditor for FY 2026-27 with ₹ 9 lakhs remuneration.
  • Appointment is subject to shareholder approval.
  • Risk Management and Project Review Committees were re-constituted.
  • Mani & Co. has over 50 years of experience in cost auditing.
  • Appointment made based on Audit Committee recommendation.