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Auditor29 May 2026, 10:11 pm

Mcleod Russel Reappoints Internal & Cost Auditors

AI Summary

Mcleod Russel India Ltd's board reappointed M/s Mani & Co., Mis SPKAssociates, and Mis DGM & Associates as Cost Auditors, and M/s B. M. Chatrath & Co. LLP and Mis V Singhi & Associates as Internal Auditors for FY 2026-2027. The board also approved audited financial results for the year ended March 31, 2026, with a modified opinion from Statutory Auditors Mis Lodha & Co LLP, citing concerns over Inter Corporate Deposits and non-recognition of interest on loans.

Key Highlights

  • Cost Auditors re-appointed for FY 2026-2027: M/s Mani & Co., Mis SPKAssociates, Mis DGM & Associates.
  • Internal Auditors re-appointed for FY 2026-2027: M/s B. M. Chatrath & Co. LLP, Mis V Singhi & Associates.
  • Audited financial results approved with modified opinion from Mis Lodha & Co LLP.
  • Concerns raised over Inter Corporate Deposits and interest recognition.