Ingersoll-Rand (India) Limited has appointed M/s Govindraj Akshay & Associates as its Secretarial Auditor for a five-year term, while M/s Diwanji & Co has been appointed as the Cost Auditor for the financial year 2026-27. The Board of Directors approved these appointments at its meeting held on May 29, 2026, to ensure compliance with regulatory requirements and maintain robust governance standards.

The recommendation to appoint M/s Govindraj Akshay & Associates (Firm Registration No. P2025KR479000) covers the period from Financial Year 2026-27 to Financial Year 2030-31. The firm, an established entity of Practicing Company Secretaries, specializes in corporate and allied laws, including advisory and compliance services under the Companies Act, 2013, FEMA, and SEBI Regulations. The firm has undergone Peer Review and Quality Review by the Institute of Company Secretaries of India (ICSI).

For the cost audit function, the Board approved the engagement of M/s Diwanji & Co (Firm Registration Number: 000339) for the financial year 2026-27. This firm, established in 1966, specializes in cost and management accounting, cost audit, and maintenance of cost records under the Companies Act, 2013 and the Companies (Cost Records and Audit) Rules, 2014. The firm is registered with the Institute of Cost Accountants of India.

The remuneration payable to the Cost Auditors, as recommended by the Board, will be placed before shareholders for ratification at the ensuing Annual General Meeting. Similarly, the appointment of the Secretarial Auditor requires shareholder approval. The Board meeting commenced at 2.15 p.m. and concluded at 3.45 p.m.

Auditor Appointment Details

Ingersoll-Rand (India) Limited has submitted the voting results for its Annual General Meeting conducted through electronic voting on April 29, 2026. The company disclosed the outcome pursuant to Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The scrutinizer's report, dated April 30, 2026, confirms that the resolution was passed with the requisite majority.

The primary business transacted at the meeting was the re-appointment of Mr. P.R. Shubhakar (DIN: 06688703) as Whole-time Director of the company and fixing his remuneration. The resolution was classified as an ordinary resolution and was put to vote through remote e-voting. The e-voting facility was open from 9:00 A.M. IST on March 30, 2026, to 5:00 P.M. IST on April 29, 2026.

Voting Results Summary

The voting process saw participation from 38,834 shareholders on the record date. The total number of votes polled stood at 26,442,926, representing 83.76% of the outstanding shares. The resolution received overwhelming approval with 26,435,115 votes in favor and only 7,811 votes against. There were no invalid votes recorded during the process.

Scrutinizer's Report

Mr. Akshay Govindraj, Company Secretary in whole-time practice and Partner at M/s. Govindraj Akshay & Associates, served as the scrutinizer for the e-voting process. The votes were unblocked on April 29, 2026, after 5:00 P.M. in the presence of two independent witnesses, Ms. Rose Agarwalla and Mr. Aroop Prabhu. The scrutinizer certified that the number of votes cast in favor of the resolution exceeded the votes against it, confirming passage with the requisite majority.

The voting results and scrutinizer's report have been made available on the company's website. The resolution for the re-appointment of Mr. P.R. Shubhakar as Whole-time Director was approved by 238 members, while 14 members voted against the proposal. The company has informed both BSE Limited and National Stock Exchange of India Limited about the voting outcome.