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Auditor19 May 2026, 06:01 pm

Trident Re-appoints Internal and Cost Auditors

AI Summary

Trident Ltd re-appointed M/s Ramanath Iyer & Co as Cost Auditors and M/s Mahajan & Aibara Associates and M/s Deloitte Touche Tohmatsu India LLP as Internal Auditors. The board also approved the audited financial results for the year ended March 31, 2026, declared an interim dividend of ₹0.50 per share, scheduled the AGM for July 31, 2026, re-appointed Mr. Deepak Nanda as Managing Director, and approved raising up to ₹500 Crore through Non-Convertible Debentures. The plan to incorporate a wholly-owned subsidiary has been dropped.

Key Highlights

  • M/s Ramanath Iyer & Co re-appointed as Cost Auditors for FY 2026-27.
  • M/s Mahajan & Aibara Associates and Deloitte Touche re-appointed as Internal Auditors.
  • Interim dividend of ₹0.50 per share declared for FY 2026-27; record date is May 23, 2026.
  • Board approves raising up to ₹500 Crore via Non-Convertible Debentures.
  • Plan to incorporate a wholly-owned subsidiary is dropped.