Auditor11 May 2026, 06:41 pm
Manorama Industries Reappoints Internal and Cost Auditors
AI Summary
Manorama Industries Ltd's board re-appointed CLA Indus Value Consulting Private Limited as Internal Auditors and M/s. S N & Co. as Cost Auditors for FY 2026-27, based on the Audit Committee's recommendation. The board also approved a final dividend of ₹0.80 per equity share for FY 2025-26, subject to shareholder approval at the upcoming AGM. Additionally, the company approved a proposal to support its subsidiary, Taang Kaam Industries SA, in setting up a processing factory in Burkina Faso through financial assistance arrangements including equity investment, unsecured loans, and corporate guarantees.
Key Highlights
- CLA Indus Value Consulting re-appointed as Internal Auditors for FY 2026-27.
- M/s. S N & Co. re-appointed as Cost Auditors for FY 2026-27.
- Final dividend of ₹0.80 per share approved for FY 2025-26, pending AGM approval.
- Approved support for subsidiary Taang Kaam Industries SA with up to ₹150 Cr equity investment.
- Approved unsecured loans up to ₹100 Cr and guarantees up to ₹100 Cr for Taang Kaam Industries SA.
Price Impact
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