Mamata Machinery Limited’s board appointed M/s. C. B. Modh & Co. as Cost Auditors and M/s. Desai & Desai as Internal Auditors for the financial year 2026-27 during a meeting held on July 06, 2026. These appointments were made upon the recommendation of the Audit Committee and are subject to regulatory provisions including Section 148 of the Companies Act, 2013. The remuneration for the cost auditors will be placed before shareholders for ratification at the ensuing Annual General Meeting.

M/s. C. B. Modh & Co., a proprietary firm of Cost and Management Accountants holding Firm Registration Number 101474, will conduct the cost audit for cost records of FY 2026-27. The firm is headed by CMA Chiragkumar B. Modh. M/s. Desai & Desai, a partnership firm of Chartered Accountants registered under FRN 139459W, will handle the internal audit for the same period. Neither firm has any disclosed relationships with the company's directors.

The board meeting commenced at 04:30 P.M. (IST) and concluded at 05:51 P.M. (IST). The disclosures were submitted to BSE Limited and the National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Appointments

Mamata Machinery has announced a planned transition in its executive leadership, appointing Rajashekar Venkat as the new Chief Executive Officer effective 01 October 2026. Venkat, currently the President of the company, will succeed Apurva Kane, who is retiring from the position after more than 41 years. The company stated that Kane will continue his association in a mentorship role to ensure a smooth transition of leadership.

The Board of Directors expressed its gratitude to Kane for his contributions and leadership during his tenure, noting that he spearheaded several important projects and led the management effectively. Kane has been associated with the company for over four decades.

Rajashekar Venkat has served as President since May 2025. He brings over 28 years of extensive experience in capital equipment companies, having held leadership roles at Kennametal, Markem-Imaje, Mettler Toledo, and Domino Printing. In his new role, he will lead the company's operations and strategic priorities, including its Packaging and RecTech initiatives.

Leadership Profiles

Commenting on the transition, Apurva Kane highlighted the value created for stakeholders and the brand's global presence. Rajashekar Venkat acknowledged the company's strong global legacy and expressed enthusiasm for building on its foundation across its businesses.