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Auditor27 May 2026, 06:22 pm

Universal Autofoundry Reappoints Shah Patni as Internal Auditor

AI Summary

Universal Autofoundry Ltd re-appointed M/s Shah Patni & Co. as Internal Auditors for the financial year 2026-27. This decision was made based on the recommendation of the Audit Committee. The board meeting also approved the re-appointment of M/s Girdhar Chaudhary & Co. as Cost Auditors for FY 2026-27 and M/s. Goverdhan Agarwal & Co. as Statutory Auditors for a second term of five years, subject to shareholder approval. The board also approved the audited financial results for the quarter and year ended March 31, 2026.

Key Highlights

  • Shah Patni & Co. re-appointed as Internal Auditors for FY 2026-27.
  • Girdhar Chaudhary & Co. re-appointed as Cost Auditors for FY 2026-27.
  • Goverdhan Agarwal & Co. re-appointed as Statutory Auditors for five years, subject to shareholder approval.
  • Audited financial results for the year ended March 31, 2026 approved.
  • Borrowing limit increased from ₹100 Cr to ₹150 Cr, subject to shareholder approval.