StockWatch
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Other Textile Products
Auditor26 May 2026, 04:17 pm

Pasupati Spinning: Cost & Internal Auditors Appointed for FY27

AI Summary

Pasupati Spinning & Weaving Mills Ltd appointed Mr. Satnam Singh Saggu as cost auditor and M/s Suresh Kumar Mittal & Company as internal auditor for the financial year 2026-27, based on the Audit Committee's recommendation. The board also approved the standalone audited financial results for the quarter and year ended March 31, 2026, and related party transactions for the quarter ended 31.03.2026. The auditor's report included a qualified opinion due to an additional compensation claim of ₹614.64 Lacs regarding factory land acquisition, which the company will account for upon receipt.

Key Highlights

  • Mr. Satnam Singh Saggu appointed as cost auditor for FY 2026-27.
  • M/s Suresh Kumar Mittal & Company appointed as internal auditor for FY 2026-27.
  • Standalone audited financial results for FY26 approved with a qualified opinion.
  • Additional compensation claim of ₹614.64 Lacs impacted auditor's opinion.
  • Related party transactions for the quarter ended 31.03.2026 approved.