Auditor13 May 2026, 08:11 pm
Mangal Electrical Re-appoints Cost Auditor
AI Summary
Mangal Electrical Industries Ltd's board re-appointed M/s Maharwal & Associates as Cost Auditors for FY 2026-27, subject to shareholder ratification of their remuneration at the upcoming Annual General Meeting. The decision was based on the Audit Committee's recommendation. The board also approved audited financial results for the quarter and year ended March 31, 2026, and the MEIL - ESOP 2025 plan, among other items.
Key Highlights
- M/s Maharwal & Associates re-appointed as Cost Auditors for FY 2026-27.
- Shareholder approval required for Cost Auditors' remuneration.
- Audited financial results for FY26 approved by the board.
- MEIL - ESOP 2025 approved, subject to shareholder approval.
- Re-appointment of Mr. Ashish Mangal and Mr. Sumer Singh Punia as Directors recommended.
Price Impact
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