ISL Consulting appointed M/s G M C A & Co as its statutory auditor for a five-year term, subject to shareholder approval. The board also approved the notice for its 34th annual general meeting (AGM).

The appointment covers financial years 2026-27 through 2030-31. The firm holds FRN 109850W and specializes in statutory, tax, and internal audits. The board confirmed no relationship exists between the auditor and company directors.

AGM Details

The company scheduled its 34th AGM for September 29, 2026, at 2:00 pm. The meeting will be conducted via video conferencing or other audio-visual means. Shareholders must hold records as of September 23, 2026, to participate in e-voting.

The register of members will remain closed from September 24, 2026, to September 29, 2026. Anisha Jhunjhunwala was appointed as scrutinizer for the meeting. National Securities Depository Limited will facilitate e-voting and VC services.

Board Approvals

The board approved the director’s report, corporate governance report, and management discussion and analysis report for FY26. It also took note of the secretarial audit report for the same period.

The decisions were made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

ISL Consulting has announced the resignation of M/s. Maak & Associates as its statutory auditors, effective August 18, 2026. The firm, which holds Chartered Accountant Firm Registration No. 135024W, tendered its resignation due to pre-occupations with other professional assignments and time constraints that limited their ability to devote requisite attention to the audit responsibilities.

The resignation was communicated pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Maak & Associates confirmed that the decision was not driven by any disagreement, qualification, or concern relating to the management, financial statements, accounting practices, internal controls, or compliance matters of ISL Consulting.

Auditor Tenure and Recent Activity

Maak & Associates was appointed as the statutory auditor on September 25, 2025, with a term scheduled to expire on September 24, 2030. Prior to resigning, the firm submitted a limited review report for the standalone unaudited financial results for the quarter ended June 30, 2026, on August 12, 2026.

The auditor stated that there were no instances where information requested was not provided by the company, nor were there any management-imposed limitations on audit evidence. No communication regarding concerns was made to the Audit Committee or Board of Directors prior to the resignation.

Regulatory Compliance

ISL Consulting has attached the necessary annexures required under Regulation 30 read with Schedule III of the Listing Regulations, along with disclosures mandated by SEBI Circulars CIR/CFD/CMD/4/2015 dated September 9, 2015, CIR/CFD/CMD1/114/2019 dated October 18, 2019, and SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023. The company is expected to file the requisite forms with the Registrar of Companies and appoint a new statutory auditor in accordance with applicable laws.