Inducto Steel appoints auditors for FY 2026-2027

inducto steel has appointed M/s. Kewlani & Associates as its Cost Auditor and Mr. Satish Diwate as its Internal Auditor for FY 2026-2027. The Board approved these appointments on May 29, 2026, based on the recommendation of the Audit Committee. The appointments are effective from April 01, 2026, until March 31, 2027.

M/s. Kewlani & Associates, a cost & management accountant firm based in Ahmedabad-Gujarat, brings expertise in management consultancy, export consultancy, and costing strategies. Established in 2012, the firm serves clients in the ship breaking, metal & steel, and plastic & packaging industries.

Mr. Satish Diwate, appointed as Internal Auditor, is a Bachelor of Arts graduate from Mumbai University with over 26 years of experience in accounts and finance. His expertise includes accounting, financial management, banking, taxation, budgeting, audit coordination, and statutory compliance.

Appointment Details

Particulars	Cost Auditor	Internal Auditor
Name	M/s. Kewlani & Associates	Mr. Satish Diwate
Firm Registration No.	003362	Not Applicable
Date of Appointment	May 29, 2026	May 29, 2026
Term	April 01, 2026 to March 31, 2027	April 01, 2026 to March 31, 2027

The Board meeting commenced at 03:30 p.m. and concluded at 04:15 p.m. on May 29, 2026. The disclosures were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+8.53%	+2.80%	-1.34%	-29.84%	+129.98%

Inducto Steel Limited has informed BSE Limited of an upcoming Board of Directors meeting, scheduled in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was filed on May 14, 2026, by Company Secretary and Compliance Officer Diana Palia.

Board Meeting Details

The following key details have been disclosed regarding the scheduled board meeting:

Parameter:	Details
Meeting Date:	Friday, May 29, 2026
Intimation Filed On:	May 14, 2026
Regulatory Provision:	Regulation 29, SEBI (LODR) Regulations, 2015
Exchange Notified:	BSE Limited

Purpose of the Meeting

The Board of Directors meeting has been convened, inter-alia, to consider and approve the following:

Audited Standalone Financial Results for the quarter and year ended March 31, 2026
Audited Consolidated Financial Results for the quarter and year ended March 31, 2026
Auditors' Report on the aforementioned financial results

Regulatory Compliance

The intimation was issued pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to notify stock exchanges in advance of board meetings where financial results are to be considered. The communication was signed and submitted by Diana Palia, Company Secretary and Compliance Officer (Membership No. A40554), on behalf of Inducto Steel Limited.