Auditor26 May 2026, 11:06 am
Usha Martin Appoints MSKA & Associates as Statutory Auditor
AI Summary
Usha Martin Ltd has appointed M/s. MSKA & Associates LLP as the new Statutory Auditors for a term of five years, subject to shareholder approval, replacing M/s. S R Batliboi & Co. LLP upon completion of their term at the conclusion of the 40th AGM. The board also approved the re-appointment of Mr. Venkatachalam Ramakrishna Iyer and Mr. Sethurathnam Ravi as Non-Executive Independent Directors for a second term of five years, effective from November 12, 2026, until November 11, 2031. Additionally, Ms. Shreya Jhawar, Mr. Dimitri Bracco Gartner, and Mr. Sabyasachi Majumder have been appointed as Additional Directors (Non-Executive, Non-Independent), effective from May 26, 2026.
Key Highlights
- MSKA & Associates LLP appointed as Statutory Auditors for five years, replacing S R Batliboi & Co. LLP.
- Venkatachalam Ramakrishna Iyer re-appointed as Non-Executive Independent Director for a second term.
- Sethurathnam Ravi re-appointed as Non-Executive Independent Director for a second term.
- Shreya Jhawar appointed as Additional Director (Non-Executive, Non-Independent).
- Dimitri Bracco Gartner and Sabyasachi Majumder appointed as Additional Directors (Non-Executive, Non-Independent).
Price Impact
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