
Auditor12 May 2026, 09:41 pm
Platinum Industries Appoints Internal Auditor, Reconstitutes SMP
AI Summary
Platinum Industries Ltd's board meeting on May 12, 2026, approved the audited standalone and consolidated financial results for the year ended March 31, 2026, with a modified opinion from the statutory auditors. M/s Pipalia Singhal & Associates were appointed as the internal auditors for FY 2026-27. The Senior Managerial Personnel (SMP) of the company was reconstituted. Additionally, the board approved the issuance of fresh equity shares by its subsidiary, Rivadu Lifesciences Private Limited, ensuring Platinum Industries maintains at least 51% shareholding.
Key Highlights
- Audited financial results for FY26 approved with a modified opinion.
- M/s Pipalia Singhal & Associates appointed as Internal Auditors for FY27.
- Senior Managerial Personnel (SMP) of the company reconstituted.
- Rivadu Lifesciences to issue fresh equity shares, maintaining 51% Platinum stake.
Price Impact
More from PLATIND