StockWatch
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Iron & Steel Products
Auditor6 Aug 2026, 05:14 pm

Shivalik Bimetal Appoints New Statutory & Tax Auditors

AI Summary

Shivalik Bimetal Controls Ltd announced key changes in its audit functions following a Board of Directors meeting on August 6, 2026. The company accepted the resignation of M/s. Arora Gupta & Co. as Statutory Auditors and appointed M/s. Walker Chandiok & Co LLP to fill the casual vacancy until the upcoming AGM, with a proposed five-year term thereafter. M/s. Malik S. & Co. has been appointed as the Tax Auditor for FY 2026-27. The Board also approved the un-audited standalone and consolidated financial results for Q1 FY27 and scheduled the 42nd AGM for September 2, 2026. Additionally, a record date of August 26, 2026, was fixed for final dividend payment for FY 2025-26.

Key Highlights

  • New statutory auditors appointed to fill casual vacancy.
  • Tax auditors appointed for the financial year 2026-27.
  • Unaudited financial results for Q1 FY27 approved.
  • 42nd AGM scheduled for September 2, 2026.
  • Record date set for final dividend payment.