GRSE appoints SPAN & Associates as internal auditor for FY 2026-27

1 min read     Updated on 11 Jul 2026, 04:42 PM
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Garden Reach Shipbuilders & Engineers Ltd appointed M/s. SPAN & Associates, Chartered Accountants, as its internal auditor for FY 2026-27 following a Board meeting on July 10, 2026. The Kolkata-based firm, established in 1979, brings over 29 years of PSU audit experience.

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Garden Reach Shipbuilders & Engineers Ltd has appointed M/s. SPAN & Associates, Chartered Accountants, as its internal auditor for FY 2026-27. The Board of Directors approved the appointment at its meeting held on July 10, 2026. The decision ensures compliance with Regulation 30 of the SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015, read with Section 138 of the Companies Act, 2013 and Rule 13 of the Companies (Accounts) Rules, 2014.

M/s. SPAN & Associates is a long-standing audit firm based in Eastern India, established in 1979. The firm currently has 11 full-time partners, with 10 of them being Fellow Members of the Institute of Chartered Accountants of India (ICAI). The firm possesses adequate staff strength to handle audit assignments for large-scale enterprises in both the public and private sectors.

Auditor Profile

The firm has significant experience in the audit sector, having completed 47 years in the chartered accountancy profession. Its expertise includes over 29 years of experience in statutory and internal audit of public sector undertakings (PSUs).

Firm Detail Information
Name M/s. SPAN & Associates, Chartered Accountants
Location Kolkata
Year of Establishment 1979
Full-time Partners 11
Fellow Members of ICAI 10
PSU Audit Experience Over 29 years

Historical Stock Returns for Garden Reach Shipbuilders

1 Day5 Days1 Month6 Months1 Year5 Years
-0.37%-1.75%-3.08%+6.48%-1.65%+1,182.90%

How will the appointment of M/s. SPAN & Associates impact Garden Reach Shipbuilders' internal audit efficiency and transparency?

What specific areas of financial or operational risk will the new internal auditor prioritize for Garden Reach Shipbuilders?

Could this appointment signal any strategic shifts in Garden Reach Shipbuilders' governance or compliance practices?

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GRSE appoints Bandyopadhyaya Bhaumik & Co as cost auditor for FY 2026-27

1 min read     Updated on 10 Jul 2026, 07:59 PM
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Garden Reach Shipbuilders & Engineers Ltd has appointed M/s. Bandyopadhyaya Bhaumik & Co. as its Cost Auditor for FY 2026-27, following Board approval on 10 Jul 2026. The Kolkata-based firm, established in 1994, brings 32 years of experience in cost and management accounting.

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Garden Reach Shipbuilders & Engineers Ltd has appointed M/s. Bandyopadhyaya Bhaumik & Co. as its Cost Auditor for FY 2026-27. The Board of Directors approved the appointment at its meeting held on 10 Jul 2026. The decision was communicated to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015.

M/s. Bandyopadhyaya Bhaumik & Co., Cost Accountants, is a Kolkata-based firm established in 1994. The firm offers services including Cost Audit, Internal Audit, Management Audit, System Audit, Concurrent Audit, Risk Management, and Gap Analysis. It has completed 32 years in the profession.

The firm currently has seven FCMA partners with extensive experience. It is equipped to handle audit assignments for large-scale enterprises in both the public and private sectors. Its experience spans cost audits of Public Sector Undertakings in sectors such as power, oil & gas, coal, steel, mining, agriculture, paper, jute, textiles, banking, pharma, capital goods manufacturing, and heavy engineering.

Profile of the Cost Auditor

Firm Detail Information
Name M/s. Bandyopadhyaya Bhaumik & Co.
Location Kolkata
Establishment Year 1994
Experience 32 years
Partners 07 FCMA partners
Key Services Cost Audit, Internal Audit, Risk Management

Historical Stock Returns for Garden Reach Shipbuilders

1 Day5 Days1 Month6 Months1 Year5 Years
-0.37%-1.75%-3.08%+6.48%-1.65%+1,182.90%

How will the appointment of a specialized cost auditor impact Garden Reach Shipbuilders' operational efficiency and cost management strategies?

What potential cost-saving measures or optimizations might the new auditor identify in the shipbuilding and heavy engineering sectors?

Could this appointment signal a shift in Garden Reach Shipbuilders' financial governance or compliance practices?

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