
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.
Price Impact
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