Indo Tech Appoints Cost Auditor for FY 2026-27

Indo Tech Transformers Limited has appointed M/s. K. Suryanarayanan, Cost Accountants, as the Cost Auditor for the financial year 2026-27. The appointment was approved by the Board of Directors during its meeting held on May 20, 2026, following the recommendation of the company's Audit Committee.

The appointment is in compliance with Section 141 and Section 148 of the Companies Act, 2013, as well as the Companies (Cost Records and Audit) Rules, 2014. M/s. K. Suryanarayanan holds a Registration Number of 102347. The firm brings over two decades of experience in finance, accounts, MIS, costing, and taxation to the role.

The remuneration payable to the Cost Auditor will be subject to ratification by the shareholders at the ensuing Annual General Meeting. This procedural step ensures adherence to regulatory requirements regarding the fixation of auditor fees.

Auditor Profile

M/s. K. Suryanarayanan is a Fellow member of the Institute of Cost Accountants of India. The firm possesses extensive experience in conducting special audits, desk reviews under Indirect Tax provisions, and handling assignments related to insurance and transfer pricing. The auditor has also served as a faculty member for various management institutes and government entities.

Appointment Details

The following table outlines the key details regarding the new appointment:

Sr. No.	Details	Information
1	Reason for change	Appointment of Cost Auditors
2	Date of Appointment and term	Financial Year 2026-27
3	Registration Number	102347
4	Disclosure of relationships	Not Applicable

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.00%	+3.68%	+6.57%	+52.00%	+19.45%	+2,003.33%

Indo Tech Transformers Limited has appointed M/s. G Balu Associates LLP as its internal auditor for the financial year 2026-27. The decision was taken by the company's Board of Directors during a meeting held on May 20, 2026, following the recommendation of the Audit Committee.

The appointment was made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI LODR Regulations. M/s. G Balu Associates LLP is a firm of Chartered Accountants registered under the number 000376S/S200073.

Details of the Appointment

The company disclosed the necessary details regarding the new appointment in an official intimation to the stock exchanges. The firm has been appointed for a specific term covering the upcoming financial year.

Particulars	Details
Appointed Firm	M/s. G Balu Associates LLP
Registration Number	000376S/S200073
Term of Appointment	Financial Year 2026-27
Date of Appointment	May 20, 2026

Profile of the Auditor

M/s. G Balu Associates LLP is a distinguished Chennai-based firm of Chartered Accountants that has been in operation for over three decades. The firm has established branches in Bangalore and Madurai and is supported by affiliates both within and outside India.

The firm's expertise spans across manufacturing, healthcare, construction, education, and information technology sectors. It provides comprehensive assurance and advisory services, with a deep understanding of emerging trends and challenges faced by companies in these industries.