StockWatch
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Industrial Minerals
Auditor30 Sept 2026, 02:12 pm

Nile Ltd Appoints M/s. Bhaskara Rao & Co as Statutory Auditors for 5 Years

AI Summary

Nile Ltd has announced the appointment of M/s. Bhaskara Rao & Co, Chartered Accountants, as its new Statutory Auditors. This appointment was approved by the shareholders at the 42nd Annual General Meeting held on September 30, 2026. The firm will serve for a period of five consecutive financial years, commencing from FY 2026-2027 and concluding with FY 2030-2031. This change replaces the previous auditors, M/s. Gokhale & Co., Chartered Accountants, whose tenure expires at the current AGM. M/s. Bhaskara Rao & Co, headquartered in Hyderabad with branches in Kakinada, Vishakhapatnam, and New Delhi, specializes in Audit and Assurance, Tax, and Business Advisory services.

Key Highlights

  • New statutory auditors appointed for a 5-year term.
  • Appointment approved by shareholders at the AGM.
  • Firm M/s. Bhaskara Rao & Co replaces M/s. Gokhale & Co.
  • Auditors to serve from FY 2026-2027 to FY 2030-2031.