StockWatch
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Tyres & Rubber Products
Auditor29 May 2026, 03:50 am

Indag Rubber Appoints Cost & Internal Auditors for FY27

AI Summary

Indag Rubber Limited's Board, following the Audit Committee's recommendation, has approved the appointment of M/s. Shome & Banerjee as Cost Auditors and M/s. Ernst & Young LLP as Internal Auditors for the Financial Year 2026-27. These appointments are effective from April 1, 2026. The remuneration for the Cost Auditors will be subject to approval by shareholders at the forthcoming Annual General Meeting. M/s. Shome & Banerjee bring 58 years of experience in cost audit and consultancy, while Ernst & Young LLP is a global firm specializing in risk consulting and operational efficiency.

Key Highlights

  • Board approved new Cost and Internal Auditors for FY27.
  • M/s. Shome & Banerjee appointed as Cost Auditors.
  • M/s. Ernst & Young LLP appointed as Internal Auditors.
  • Cost Auditor remuneration requires shareholder approval.
  • Appointments are effective from April 1, 2026.