StockWatch
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Pharmaceuticals
Board Meeting26 Jun 2026, 07:20 pm

Wanbury Ltd Approves Subsidiary Incorporation and Auditor Appointments

AI Summary

Wanbury Ltd's Board of Directors, in a meeting held on June 26, 2026, approved the incorporation of a new subsidiary in India, 'Wanbury Skin Health Limited' (or similar), with an estimated capital outlay of ₹4,10,000. The board also appointed M/s. Ernst & Young LLP as the Internal Auditor and M/s. ABK & Associates as the Cost Auditor for the Financial Year 2026-2027. The meeting commenced at 3:35 p.m. and concluded at 4:15 p.m.

Key Highlights

  • Board approved incorporation of a new subsidiary in India.
  • Estimated capital outlay for subsidiary is ₹4,10,000.
  • Ernst & Young LLP appointed as Internal Auditor.
  • ABK & Associates appointed as Cost Auditor for FY2026-27.