Quality Power Appoints New Internal Auditor, Re-appoints Cost Auditor

Quality Power Electrical Equipments Ltd announced the outcome of its Board Meeting held on June 30, 2026. The Board approved the appointment of Bathiya Advisors LLP as the new Internal Auditor for a period of three years, effective from the quarter ending June 30, 2026. This appointment is in place of the existing internal auditor and is intended to align with the company's growth and regulatory requirements. Additionally, M/s. R.S. Kale & Co. has been re-appointed as the Cost Auditor for the Financial Year 2026-27, subject to member ratification of their remuneration. The Board also provided in-principle approval for a draft Employee Stock Option Plan (ESOP), with the Nomination and Remuneration Committee tasked with a detailed review and recommendations.