StockWatch
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Trading - Textile Products
Auditor12 May 2026, 03:04 pm

Standard Industries Reappoints Bhatia & Poojari as Internal Auditor

AI Summary

Standard Industries Ltd reappointed M/s Bhatia & Poojari, Chartered Accountants, as the Internal Auditor for a 1-year term to conduct the Internal Audit for the Financial Year 2026-27. The Board of Directors also approved the audited financial results for the quarter and financial year ended March 31, 2026, recommended a final dividend of ₹0.25 per share, and approved the assignment/transfer of development rights for land in Mumbai to Prabhadevi Developer Private Limited for ₹169.51 Cr plus allocation of residential area. Additionally, the board proposed the re-appointment of Shri Khurshed Thanawalla as a Non-Executive Independent Director.

Key Highlights

  • Bhatia & Poojari reappointed as Internal Auditor for FY 2026-27.
  • Final dividend of ₹0.25 per share recommended for FY 2025-26.
  • Record date for dividend entitlement fixed as August 11, 2026.
  • Development rights assigned for land in Mumbai to Prabhadevi Developer for ₹169.51 Cr plus area allocation.
  • Khurshed Thanawalla's re-appointment as Non-Executive Independent Director proposed.