Azad India Mobility reappoints R Bhargava as auditor for five years

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Board approved re-appointment of R Bhargava & Associates as statutory auditor
  • Tenure spans five years until the conclusion of the AGM for FY31
  • Approval requires shareholder vote at the ensuing annual general meeting
  • Board also approved the notice for the upcoming AGM
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The board of Azad India Mobility approved the re-appointment of M/s R Bhargava & Associates as its statutory auditor on September 2, 2026. The firm is set to hold office for a period of five years, subject to shareholder approval at the ensuing annual general meeting.

The appointment covers the tenure from the conclusion of the upcoming AGM until the conclusion of the AGM to be held for the financial year 2030-2031. The board also approved the notice for the ensuing annual general meeting during the session.

Auditor Profile

R Bhargava & Associates is a Delhi-based firm of chartered accountants with over two decades of experience. The firm specializes in direct and indirect taxation, audit and assurance, company law, FEMA advisory, and business consultancy.

Particulars Details
Reason Re-appointment
Term Five years until conclusion of AGM for FY31
Firm Profile Delhi-based CA firm with 20+ years experience

The board meeting commenced at 3:45 pm and concluded at 4:40 pm. The disclosure was made pursuant to Regulation 30(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Azad India Mobility

1 Day5 Days1 Month6 Months1 Year5 Years
-1.42%-1.79%0.0%0.0%0.0%0.0%

How might the five-year tenure of R Bhargava & Associates impact Azad India Mobility's long-term financial transparency and compliance standards?

What specific audit focus areas or risk assessments is R Bhargava & Associates likely to prioritize during their upcoming term?

Could this re-appointment signal stability in Azad India Mobility's corporate governance, and how might this influence investor confidence ahead of the AGM?

Azad India Mobility approves Board Report, fixes AGM for September 28

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Azad India Mobility approved its Board Report for FY26
  • The 65th AGM is scheduled for September 28, 2026
  • Share transfer books close from September 22 to 28
  • M/s Pratik Satyuga & Company reappointed as internal auditor
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Azad India Mobility Limited approved its Board Report for the fiscal year ended March 31, 2026, during a board meeting held on August 25, 2026. The company also fixed the date for its 65th Annual General Meeting (AGM).

The board scheduled the AGM for Monday, September 28, 2026, at 12:30 pm. The meeting will take place at The Kanara Saraswat Association in Mumbai. Shareholders are advised to note that the share transfer books will remain closed from September 22 to September 28, 2026.

Key Corporate Actions

The board approved several key administrative and compliance matters during the session:

  • AGM Notice: The notice for the 65th AGM was approved alongside the date and venue fixation.
  • E-voting Cut-off: September 21, 2026, was set as the cut-off date to determine eligibility for remote e-voting and voting at the AGM.
  • Internal Auditor Re-appointment: The board reappointed M/s Pratik Satyuga & Company as the internal auditor for FY27, effective August 25, 2026.

Auditor Details

The re-appointment of M/s Pratik Satyuga & Company follows recommendations from the audit committee. The firm, led by Mr. Pratik Satyuga, brings eight years of experience in audit, assurance, and taxation services.

Particulars Details
Auditor Name M/s Pratik Satyuga & Company
Registration No. 148858W
Effective Date August 25, 2026
Experience 8 years

The company secretary confirmed that there are no relationships between the directors and the appointed auditor. The meeting concluded at 5:00 pm.

Historical Stock Returns for Azad India Mobility

1 Day5 Days1 Month6 Months1 Year5 Years
-1.42%-1.79%0.0%0.0%0.0%0.0%

What specific financial performance metrics or strategic initiatives will be highlighted in the Board Report for FY26?

How might the reappointment of M/s Pratik Satyuga & Company impact the company's internal control frameworks for FY27?

Are there any proposed dividend declarations or capital allocation plans expected to be discussed at the upcoming AGM?

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1 Year Returns:0.00%