Auditor13 Aug 2026, 09:10 pm
Madhucon Projects Appoints New Statutory and Internal Auditors
AI Summary
Madhucon Projects Ltd has announced the appointment of new statutory and internal auditors following a Board of Directors meeting on August 13, 2026. M/s. B. Narsing Rao & Co LLP has been appointed as the Statutory Auditors for a period of three years, effective July 1, 2026, subject to shareholder approval at the upcoming 36th AGM. This appointment follows the expiry of the term of the previous auditors, P. Murali & Co. Additionally, M/s. Ganga Rao & Associates has been appointed as the Internal Auditors for the Financial Year 2026-27. Both appointments were recommended by the Audit Committee.
Key Highlights
- New statutory auditors appointed: B. Narsing Rao & Co LLP for 3 years.
- Internal auditors appointed: Ganga Rao & Associates for FY 2026-27.
- Appointments approved by the Board and recommended by the Audit Committee.
- Statutory auditor appointment requires shareholder approval at the 36th AGM.
Price Impact
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