
Board Meeting13 Aug 2026, 06:32 pm
Mangalam Seeds Approves Q1 FY27 Unaudited Financials, Appoints New Auditors
AI Summary
Mangalam Seeds Limited announced that its Board of Directors, in a meeting held on August 13, 2026, approved the Unaudited Financial Results (Standalone and Consolidated) for the first quarter ended June 30, 2026. The board also accepted the resignation of M/s. M A A K & Associates as Statutory Auditors and Tax Auditors, effective August 13, 2026. Subsequently, the board recommended the appointment of M/s Ashish Sheth & Associates as the new Statutory Auditors to fill the casual vacancy, subject to shareholder approval at the upcoming General Meeting. The appointment is proposed for a term of five consecutive years.
Key Highlights
- Board approved unaudited financial results for Q1 FY27.
- Resignation of statutory auditors M/s. M A A K & Associates accepted.
- M/s Ashish Sheth & Associates recommended as new statutory auditors.
- New auditor appointment subject to shareholder approval.
- Appointment proposed for a five-year term.
Price Impact
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