
Auditor4 May 2026, 01:31 pm
Southern Magnesium Appoints Secretarial & Internal Auditors
AI Summary
Southern Magnesium & Chemicals Ltd has appointed M/s. D. Hanumanta Raju & Co. as Secretarial Auditors and M/s. K. S. Rao & Co. as Internal Auditor for the financial year 2026-27. The decision was made during the Board of Directors meeting held on May 4, 2026, where the audited financial results for the quarter and financial year ended March 31, 2026, were also approved. The board also took note of the Independent Auditor's Report with an unmodified opinion.
Key Highlights
- M/s. D. Hanumanta Raju & Co. appointed as Secretarial Auditors for FY 2026-27.
- M/s. K. S. Rao & Co. appointed as Internal Auditor for FY 2026-27.
- Audited financial results for the quarter and year ended March 31, 2026, approved.
- Independent Auditor's Report with unmodified opinion noted by the board.
Price Impact
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