Padmanabh Alloys re-appoints cost and internal auditors for FY27
- Padmanabh Alloys re-appoints Bhanwarlal Gurjar & Co. as cost auditor for FY27
- Mody & Associates is re-appointed as internal auditor for the financial year
- Chetankumar Mohanbhai Desai seeks re-appointment as Whole-time Director
- Board approves FY25 report and sets AGM date for September 30, 2026
*this image is generated using AI for illustrative purposes only.
Padmanabh Alloys & Polymers Ltd has re-appointed M/s. Bhanwarlal Gurjar & Co. as its cost auditor and M/s. Mody & Associates as its internal auditor for the financial year 2026-27.
The board of directors approved these appointments, along with the Board's Report for the year ended March 31, 2026, during its meeting held on September 3, 2026. The board also approved the notice for the Annual General Meeting (AGM) scheduled for September 30, 2026.
Auditor Appointments
The company confirmed continuity in its audit processes for FY27. Shri Bhanwarlal Gurjar, proprietor of M/s. Bhanwarlal Gurjar & Co., continues as the cost auditor. He has been practicing since 2012 with extensive experience in accounts, costing, and taxation.
Shri Ramesh Kumar Mody, proprietor of M/s. Mody & Associates, Chartered Accountants, was re-appointed as the internal auditor. He brings vast experience in accounting, auditing, and finance to the role.
| Auditor Firm | Role | Proprietor | Term Start | Tenure |
|---|---|---|---|---|
| M/s. Bhanwarlal Gurjar & Co. | Cost Auditor | Shri Bhanwarlal Gurjar | September 3, 2026 | One year |
| M/s. Mody & Associates | Internal Auditor | Shri Ramesh Kumar Mody | September 3, 2026 | One year |
Director Re-appointment
The board approved the re-appointment of Shri Chetankumar Mohanbhai Desai (DIN: 00051541) as a Whole-time Director, subject to shareholder approval at the AGM. He retires by rotation and is eligible for re-appointment.
Shri Desai belongs to the Promoter Category and is the uncle of Shri Hemal Rajeshbhai Desai, another Whole-time Director. He possesses approximately 30 years of experience in accounting and administration. His appointment is effective from September 30, 2026, pending member approval.
AGM Details
The board finalized the schedule for the book closure period, cut-off date, and e-voting period for the upcoming AGM. Shri Kunjal Dalal, proprietor of M/s. K. Dalal & Co., Practicing Company Secretaries, was appointed as the scrutinizer for the voting process.
Historical Stock Returns for Padmanabh Alloys & Polymers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.22% | +12.77% | 0.0% | +18.33% | +3.20% | 0.0% |
How might the re-appointment of Shri Chetankumar Desai influence Padmanabh Alloys' strategic direction given his 30 years of experience in accounting and administration?
What specific cost optimization or compliance improvements can investors expect from the continued tenure of M/s. Bhanwarlal Gurjar & Co. as cost auditor for FY27?
Will the upcoming AGM on September 30, 2026, reveal any changes in dividend policy or capital allocation strategies alongside the Board's Report for FY26?
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