GCCL Construction & Realities Limited Appoints M/s. Khush Patel & Associates as Internal Auditors for FY 2025-26

1 min read     Updated on 01 Apr 2026, 05:06 AM
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GCCL Construction & Realities Limited's Board of Directors approved the appointment of M/s. Khush Patel & Associates, Chartered Accountants (FRN: 161979W), as Internal Auditors for financial year 2025-26 during their meeting on March 31, 2026. The appointment was made following Audit Committee recommendation to comply with Companies Act, 2013 and SEBI (LODR) Regulations, 2015.

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GCCL Construction & Realities Limited has announced the appointment of M/s. Khush Patel & Associates, Chartered Accountants, as the company's Internal Auditors for the financial year 2025-26. The decision was approved by the Board of Directors during their meeting held on March 31, 2026, following a recommendation from the Audit Committee.

Board Meeting Outcome

The Board meeting commenced at 5:00 p.m. and concluded at 6:00 p.m. on March 31, 2026. The appointment was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing and Obligations and Disclosures Requirements) Regulations, 2015. The company has formally communicated this outcome to BSE Limited through an official disclosure letter.

Appointment Details

The following table provides comprehensive details about the Internal Auditor appointment:

Parameter: Details
Firm Name: M/s. Khush Patel & Associates, Chartered Accountants
Firm Registration Number: 161979W
Appointment Date: March 31, 2026
Tenure: Financial Year 2025-26
Reason for Appointment: Compliance with Companies Act, 2013 and SEBI (LODR) Regulations, 2015
Terms & Conditions: As decided by Board based on Audit Committee recommendation

Professional Profile

Mr. Khush Patel serves as the proprietor of M/s. Khush Patel & Associates, Chartered Accountants. The firm brings specialized experience in accounting, auditing and related services to support GCCL's internal audit requirements for the upcoming financial year.

Regulatory Compliance

The appointment ensures GCCL's adherence to applicable provisions of the Companies Act, 2013 and requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure has been made in accordance with regulatory guidelines, including reference to circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Company Information

GCCL Construction & Realities Limited is registered with CIN L45201GJ1994PLC023414 and maintains its registered office at A-115, Siddhi Vinayak Towers, B/h DCP Office, Off SG Highway, Makarba, Ahmedabad- 380051. The company is listed on BSE with scrip code 531953.

What specific internal control improvements or risk management initiatives might GCCL implement based on the new auditor's recommendations?

How could this internal audit appointment impact GCCL's upcoming financial reporting and potential investor confidence for FY 2025-26?

Will the change in internal auditors lead to enhanced scrutiny of GCCL's construction project costs and revenue recognition practices?

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