Agro Phos India Limited has appointed M/s. Sudeep Saxena & Associates as its Cost Auditor for the financial year ended March 31, 2027. The Board of Directors approved the appointment on May 29, 2026, based on the recommendation of the Audit Committee. This move ensures compliance with Section 148 of the Companies Act, 2013 and the Companies (Cost Records and Audit) Rules, 2014.

The firm, M/s. Sudeep Saxena & Associates, holds a Firm Registration Number (FRN) of 100980. The remuneration payable to the Cost Auditor will be submitted to the shareholders for ratification at the ensuing Annual General Meeting. The disclosure was made to the National Stock Exchange of India Limited in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Appointment

The appointment covers the cost audit for the financial year 2026-2027. The firm brings over 15 years of experience in handling costing assignments across various sectors, including fertilizers and pharmaceuticals.

Auditor Profile

M/s. Sudeep Saxena & Associates is a proprietorship firm established in 2010. The firm offers services such as Cost Audit, Costing Compliance, Stock Audit, and Insurance Valuation for Loss of Stock. The proprietor, Mr. Sudeep Satyendra Saxena, holds qualifications including FCMA, MBA (Fin.), and M. Com, and has prior experience with organizations like SBI Life Insurance and ICICI Bank.

Agro Phos India Limited has appointed M/s. Pankaj Somaiya & Associates, LLP as its internal auditor for the financial year ended March 31, 2027. The appointment was approved by the Board of Directors on May 29, 2026, following the recommendation of the Audit Committee. This decision was made in accordance with Section 138 of the Companies Act, 2013, and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The new internal auditor was appointed due to the completion of the term of the previous internal auditor. M/s. Pankaj Somaiya & Associates, LLP is a professionally managed Chartered Accountants firm established on October 18, 2000. The firm is headquartered in Burhanpur, Madhya Pradesh, and provides services including Compliance Audit, Taxation, Outsourcing, and Management Consultancy.

Appointment Details

The appointment is effective from May 29, 2026, and covers the internal audit for FY 2026-2027. The firm's registration number is 010081C/C400001. The disclosure was submitted to the National Stock Exchange of India Limited as required under SEBI regulations.

The firm is managed by full-time partners and offers a range of accounting and consultancy services. There are no disclosed relationships between the directors of Agro Phos India Limited and the newly appointed internal auditor.