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. The decision was made during the board meeting held on May 27, 2026, following the recommendation of the Audit Committee. Additionally, M/s Girdhar Chaudhary & Co. was re-appointed as Cost Auditors for FY 2026-27, and M/s. Goverdhan Agarwal & Co. was re-appointed as Statutory Auditors for a second term of five years, subject to shareholder approval.
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.
- Board approved audited financial results for the year ended March 31, 2026.
- Borrowing limit increased from ₹100 Cr to ₹150 Cr, subject to shareholder approval.
Price Impact
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