Mangalam Alloys appoints M/s. KVM & Co. as Cost Auditor for FY26
Mangalam Alloys has appointed M/s. KVM & Co. as its Cost Auditor for FY26 and FY27, effective May 29, 2026. The firm, registered under number 000458, has over 20 years of experience in cost accounting. The appointment follows Audit Committee recommendations and complies with SEBI regulations.
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Mangalam Alloys has appointed M/s. KVM & Co. as its Cost Auditor for the financial years 2025-26 and 2026-27. The appointment is effective from May 29, 2026, following a recommendation by the Audit Committee. This move ensures compliance with regulatory requirements regarding cost audit for listed entities.
The Board approved the appointment of M/s. KVM & Co., Cost Accountants, holding Firm Registration No. 000458. The firm possesses over two decades of experience in maintaining cost accounting records, conducting cost audits, and assisting in the development of cost accounting systems and purchase procedures.
The disclosure was made to the National Stock Exchange of India Ltd. pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification references SEBI Circular No. SEBI HO/49/14/14(7)2025-CFDPOD2/1/3762/2026 dated January 30, 2026.
Details of Appointment
| Sr. No. | Details of Events | Information of Such Events |
|---|---|---|
| 1 | Reason for change | The Board on recommendation of Audit Committee has appointed M/s. KVM & Co, Cost Accountants (Firm Registration No.: 000458) as the Cost Auditor of the Company For the Financial Year 2025-26 and 2026-27. |
| 2 | Date of appointment & term | 29 May, 2026 |
| 3 | Brief Profile | Name of Internal Auditor: M/s. KVM & Co, Cost Accountants. Firm Registration No.: 000458. Field of Experience: M/s KVM & Co is having more than 20 years of experience mainly in maintaining Cost Accounting Records, Cost Audit, assisting in developing Cost Accounting System, Maintenance of Cost Accounting Records, development of purchase system / Procedure. |
| 4 | Disclosure of relationships | Not Applicable |
Historical Stock Returns for Mangalam Alloys
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.73% | +4.17% | +0.26% | -24.09% | +23.02% | -49.01% |
How will the appointment of an experienced cost auditor impact Mangalam Alloys' operational efficiency and cost management strategies?
What potential cost-saving measures or process improvements might M/s. KVM & Co. recommend based on their expertise?
Could this appointment signal Mangalam Alloys' preparation for expansion or stricter regulatory compliance in the near future?
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