
Board Meeting12 Aug 2026, 05:16 pm
Race Eco Chain Board Approves Auditors, MD Re-appointment
AI Summary
Race Eco Chain Ltd's Board of Directors convened on August 12, 2026, approving the standalone and consolidated un-audited financial results for the quarter ended June 30, 2026, along with the limited review report. The board also appointed M/s. Modi Harsh & Co. as Internal Auditors for FY 2026-2027 and M/s. Akshay Singhla & Associates as Statutory Auditors for a five-year term, subject to shareholder approval. Additionally, Mr. Sunil Kumar Malik was re-appointed as Managing Director for three years, effective October 2, 2026, pending member approval. The Annual Report for FY 2025-2026 was approved, and the AGM is scheduled for September 26, 2026.
Key Highlights
- Approved un-audited financial results for Q1 FY27.
- Appointed new Internal Auditors for FY 2026-2027.
- Appointed Statutory Auditors for a five-year term.
- Approved re-appointment of Managing Director.
- Approved Annual Report and AGM date.
Price Impact
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