StockWatch
·
Sugar
Quarterly Result27 Apr 2026, 07:51 pm

Piccadily Sugar Board Approves Q4/FY26 Results, Changes Auditor

AI Summary

Piccadily Sugar & Allied Industries Ltd's Board of Directors, in a meeting on April 27, 2026, approved the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026. Additionally, the Board noted the resignation of Jain & Associates, Chartered Accountants, as Statutory Auditors, effective April 27, 2026. The Audit Committee and Board confirmed that no concerns were raised by the outgoing auditors regarding their resignation. The Board, based on the Audit Committee's recommendation, proposed the appointment of Rattan Kaur & Associates as the new Statutory Auditors, subject to shareholder approval.

Key Highlights

  • Board approved Q4 and FY2026 audited financial results.
  • Jain & Associates resigned as Statutory Auditors.
  • No concerns were raised by the outgoing auditors.
  • Rattan Kaur & Associates recommended as new auditors.
  • New auditor appointment requires shareholder approval.