Keto Motors appoints M M Reddy & Co as internal auditor for FY27

Keto Motors Limited has appointed M/s. M M Reddy & Co as its Internal Auditor for the financial year 2026-27 to strengthen its governance framework. The Board of Directors approved the appointment during a meeting held on June 30, 2026. The firm, registered with the Firm Registration Number (FRN) 010371S, will oversee internal audit functions for the company, formerly known as Taaza International Limited.

Appointment Details

The decision was taken in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment is effective from June 30, 2026, and covers the duration of the financial year 2026-27. The company confirmed that there are no relationships between the auditor and other directors, nor does the firm hold any shareholding in the company.

Auditor Profile

M/s. M M Reddy & Co is a partnership firm established on September 22, 2003. The firm operates across Telangana, Andhra Pradesh, and Karnataka, with an associate presence in Dubai, Singapore, and Hong Kong. It comprises nine partners and a team of over 30 professionals.

The firm specializes in audit, taxation, advisory, forensic audits, information systems audits, insolvency, and public finance. It is empanelled with premier institutions such as the Indian Banks' Association (IBA), Central Bureau of Investigation (CBI), and the Serious Fraud Investigation Office (SFIO). Additionally, the firm serves as a Statutory Branch Auditor for the State Bank of India (SBI) and as a concurrent auditor for leading bank branches.

Key Information

Particulars	Details
Auditor Name	M/s. M M Reddy & Co
Firm Registration Number	010371S
Date of Appointment	June 30, 2026
Term	FY 2026-27
Relationship with Directors	Nil
Shareholding in Company	Nil

Keto Motors Limited reported a standalone net profit of ₹6.85 lakh for the quarter ended March 31, 2026, reversing from a loss of ₹9.28 lakh in the quarter ended December 31, 2025. The company's board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026. The results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the Audit Committee. The company has also published the financial results in newspapers pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a total income from operations of ₹349.29 lakh, a significant increase from ₹184.50 lakh in the preceding quarter. Total expenses for the quarter stood at ₹342.44 lakh. For the full fiscal year 2026, the company reported a net profit of ₹1.00 lakh on a total income from operations of ₹720.23 lakh. The board fixed December 29, 2025, as the record date for consolidating 10 equity shares of ₹1 each into 1 share of ₹10 each.

Metric	Quarter Ended Mar 31, 2026 (₹ in lakhs)	Year Ended Mar 31, 2026 (₹ in lakhs)
Total Income from Operations	349.29	720.23
Total Expenses	342.44	719.23
Net Profit / (Loss)	6.85	1.00
Earnings Per Share (Basic)	0.05	0.01

Operational Context

The financial results reflect the implementation of a resolution plan approved by the National Company Law Tribunal (NCLT) on June 12, 2025. The company completed consequential procedural compliances, including share allotment and ownership changes, during the quarter. Consequently, the figures for the current period are not comparable with the corresponding previous periods due to the restructuring and change in the reporting entity. The audited financial results are available on the BSE website and the company's webpage.