Munoth Communication appoints Nadimuthu as secretarial auditor

1 min read     Updated on 13 Aug 2026, 07:05 PM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Munoth Communication Limited appointed Mr. Selvam Nadimuthu as secretarial auditor for FY27. The Board approved the move on August 13, 2026, under SEBI LODR norms. Mr. Nadimuthu has 35 years of experience, including roles in company law and SEBI compliance.

powered bylight_fuzz_icon
48173742

*this image is generated using AI for illustrative purposes only.

Munoth Communication Limited has appointed Mr. Selvam Nadimuthu as its secretarial auditor for the financial year 2026-27. The company’s Board of Directors approved the appointment during a meeting held on August 13, 2026, fulfilling disclosure requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Nadimuthu brings extensive experience to the role, holding over 35 years in the field. His professional background includes 15 years as a whole-time secretary and 22 years as a practising company secretary. He holds Certificate of Practice number 4858, Fellow Company Secretary membership number 4318, and Peer Review Certificate number 2821/2022.

Auditor Profile

The appointment covers the conduct of the secretarial audit for FY27. Mr. Nadimuthu’s expertise spans several critical functional areas relevant to listed entities.

Area of Expertise Details
Core Competencies Company Law and Practice
Regulatory Focus Listed Companies, SEBI compliance
Legal & Dispute Resolution Arbitration, NCLT matters
Other Domains Financial Institutions, all law-related activities

The company communicated the intimation to the Bombay Stock Exchange Limited, citing the relevant regulatory framework. The appointment ensures continuity in statutory compliance oversight for the upcoming fiscal period.

Historical Stock Returns for Munoth Communication

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+0.20%+3.77%-23.57%-64.44%+35.52%

How might Mr. Nadimuthu's 35 years of experience in SEBI compliance influence Munoth Communication's regulatory risk management strategies for FY27?

Does this appointment signal any anticipated changes in Munoth Communication's corporate governance practices or board oversight mechanisms?

What specific areas of statutory compliance are likely to be prioritized under the new secretarial auditor given the evolving SEBI listing obligations?

Munoth Communication reports widened net loss in FY26

1 min read     Updated on 31 May 2026, 01:39 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Munoth Communication Limited reported a widened net loss of ₹49.23 lakh for FY26, compared to a loss of ₹39.49 lakh in the previous year. Total income from operations dropped to ₹9.52 lakh from ₹46.01 lakh year-on-year. The audited results were approved by the Board on May 29, 2026.

powered bylight_fuzz_icon
41717341

*this image is generated using AI for illustrative purposes only.

Munoth Communication Limited reported a widened net loss of ₹49.23 lakh for the financial year ended March 31, 2026, as total income from operations declined sharply. The company recorded a net loss of ₹39.49 lakh in the previous financial year ended March 31, 2025. For the quarter ended March 31, 2026, the net loss after tax stood at ₹23.78 lakh.

The company’s total income from operations for FY26 fell to ₹9.52 lakh, down from ₹46.01 lakh in the prior year. In the fourth quarter of FY26, income from operations was negligible at ₹0.00 lakh, compared to ₹0.14 lakh in the corresponding quarter of the previous year. The total comprehensive income for the year was a negative ₹447.85 lakh, a reversal from the positive ₹137.83 lakh reported in FY25.

The Board of Directors approved the audited financial results in a meeting held on May 29, 2026. The results were reviewed by the Audit Committee and filed with the stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors issued an Independent Auditors Report alongside the results.

Financial Performance

Particulars Year Ended 31.03.2026 (₹ in Lakhs) Year Ended 31.03.2025 (₹ in Lakhs)
Total income from operations 9.52 46.01
Net Profit / Loss for the period after tax (49.23) (39.49)
Total Comprehensive Income for the period (447.85) 137.83
Equity Share Capital 995.13 995.13
Reserves (excluding Revaluation Reserve) (292.06) 405.49
Earnings Per Share (Basic & Diluted) (0.51) (0.41)

The financial statements were prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (IND-AS) prescribed under Section 133 of the Companies Act, 2013. Segment-wise reporting is not applicable as the company operates in a single segment involving the selling and distribution of mobile phones and accessories.

Historical Stock Returns for Munoth Communication

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+0.20%+3.77%-23.57%-64.44%+35.52%

What specific strategic initiatives will the company implement to reverse the sharp decline in operational income?

How does the company plan to address the significant depletion of reserves and negative equity position?

Are there potential cost-cutting measures or restructuring plans on the horizon to curb the widening net losses?

More News on Munoth Communication

1 Year Returns:-64.44%