StockWatch
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Abrasives & Bearings
Auditor3 Sept 2026, 05:40 pm

Rushabh Precision Bearings Re-appoints Statutory Auditor for 5 Years

AI Summary

Rushabh Precision Bearings Ltd has announced the re-appointment of M/s. Rajesh Laxmi & Associates as its Statutory Auditor. The decision was made by the Board of Directors on September 3, 2026, based on the recommendation of the Audit Committee. This re-appointment is for a term of five years, commencing from the conclusion of the 37th Annual General Meeting until the conclusion of the 42nd AGM in 2030-31. The re-appointment is subject to the approval of the company's members at the upcoming Annual General Meeting. The firm, Rajesh Laxmi & Associates, is a Chartered Accountant firm based in Delhi, primarily engaged in accounting, bookkeeping, and auditing activities.

Key Highlights

  • Statutory Auditor M/s. Rajesh Laxmi & Associates re-appointed.
  • Appointment is for a term of five years.
  • Re-appointment subject to member approval at AGM.
  • Board approved on September 3, 2026, on Audit Committee recommendation.