Goel Construction Reappoints Cost Auditor and Internal Auditor for FY 2026-27
Goel Construction Company Limited reappointed M/s Deepak Mittal & Co. (Reg. No. 003076) as Cost Auditor and M/s R.K. Akar and Co. (Reg. No. 001754C) as Internal Auditor for FY 2026-27 at a Board meeting on May 13, 2026. Both appointments cover April 1, 2026 to March 31, 2027 and were made on the Audit Committee's recommendation, disclosed under SEBI Regulation 30.
*this image is generated using AI for illustrative purposes only.
Goel Construction Company Limited has reappointed its Cost Auditor and Internal Auditor for FY 2026-27, following approvals granted at a Board of Directors meeting held on Wednesday, May 13, 2026, at the company's registered office. The meeting commenced at 01:00 P.M. and concluded at 01:50 P.M. Both reappointments were made on the recommendation of the Audit Committee and are disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Appointments Approved
The Board approved two audit-related reappointments at its meeting. The details of both appointments are summarised below:
| Parameter: | Cost Auditor | Internal Auditor |
|---|---|---|
| Firm Name: | M/s Deepak Mittal & Co., Cost Accountants | M/s R.K. Akar and Co., Chartered Accountants |
| Registration No.: | 003076 | 001754C |
| Date of Appointment: | 13.05.2026 | 13.05.2026 |
| Appointment Period: | April 1, 2026 to March 31, 2027 | April 1, 2026 to March 31, 2027 |
| Reason: | Reappointment | Reappointment |
| Relationship with Directors: | NA | NA |
Profile of the Cost Auditor
M/s Deepak Mittal & Co. is a proprietorship firm led by CMA Deepak Mittal, a Fellow Member of the Institute of Cost Accountants of India, holding qualifications including Ph.D., FCMA, M.Com, B.Com, Diploma in Forensic Audit, DISSA, and ACIA. The firm provides professional services across Cost Audit, Cost Compliance, Maintenance of Cost Records, Internal Costing, Internal Audit, Stock Audit, and GST Audit, with a strong focus on compliance under Section 148 of the Companies Act, 2013.
The firm has served more than 50 clients in areas of cost audit, cost records maintenance, and certification. Its core competencies include:
- Cost Audit and CAS-4 Certification
- Business Valuation and Product Cost Determination
- Installation and Designing of Costing Systems
- Inventory and Stock Audit
- GST Registration and Company Incorporation
Profile of the Internal Auditor
M/s R.K. Akar and Co., Chartered Accountants (Firm Registration No. 001754C) is a proprietorship Chartered Accountancy firm established in 1993 and based in Jaipur, Rajasthan. The firm is led by a Fellow Member of ICAI and is supported by a professional team of 8 members. It specialises in Statutory Audit, Internal Audit, Tax Audit, Management Audit, Bank Audits, and financial advisory services.
The firm has conducted audits for leading banks including State Bank of India, Bank of India, State Bank of Bikaner & Jaipur, and Indian Bank. Over the years, it has served a wide range of private companies, partnership firms, institutions, and individual clients across sectors including infrastructure, logistics, construction, marble, jewellery, and manufacturing.
Regulatory Compliance
The reappointments were disclosed to BSE Limited in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The disclosures were signed by Surbhi Maloo, Company Secretary & Compliance Officer of Goel Construction Company Limited, and the information has also been uploaded on the company's website.
Historical Stock Returns for Goel Construction Company
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.01% | +5.41% | +7.05% | +8.69% | +9.26% | +9.26% |
How might Goel Construction Company's audit findings for FY 2026-27 impact its cost structure and profitability given the current infrastructure sector challenges?
Could the continuity of the same Cost and Internal Auditors signal stable governance practices, and how might this influence investor confidence in Goel Construction's stock performance?
What potential regulatory or compliance risks could emerge for Goel Construction if cost audit findings under Section 148 reveal inefficiencies in their construction project costing?
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