GRSE appoints SPAN & Associates as internal auditor for FY 2026-27
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?































