Pashupati Cotspin appoints auditors for FY 2026-27
Pashupati Cotspin Limited appointed M/s. Ashish Bhavsar & Associates as Cost Auditor and M/s. Sandip Desai & Co. as Internal Auditor for FY 2026-27 on May 29, 2026. The appointments comply with SEBI regulations and are effective immediately.
*this image is generated using AI for illustrative purposes only.
Pashupati Cotspin Limited has appointed new auditors for the financial year 2026-27 to strengthen its governance framework. The Board of Directors approved the appointment of M/s. Ashish Bhavsar & Associates as the Cost Auditor and M/s. Sandip Desai & Co. as the Internal Auditor during a meeting held on May 29, 2026. These appointments are effective immediately for the upcoming fiscal year.
The decision aligns with the requirements of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company has disclosed the details of these appointments in accordance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The information is now available on the company's official website.
M/s. Ashish Bhavsar & Associates, a firm of Cost Accountants, will oversee the cost audit functions. Mr. Sagar Kapadiya, a partner at the firm, has been designated as the Cost Auditor. He holds Membership No. 36767, and the firm is registered under Registration No. 000387.
M/s. Sandip Desai & Co., a firm of Chartered Accountants, has been entrusted with the internal audit responsibilities. Mr. Bhargav Kadia, a partner at the firm, will serve as the Internal Auditor. He is a qualified Chartered Accountant with Membership No. 140469, and the firm holds Registration No. 111812W.
Auditor Appointment Details
| Sr. No. | Particulars | Cost Auditor | Internal Auditor |
|---|---|---|---|
| A | Reason for change | Appointment for F.Y. 2026-27 | Appointment for F.Y. 2026-27 |
| B | Date of appointment | 29.05.2026 | 29.05.2026 |
| C | Designated Partner | Mr. Sagar Kapadiya | Mr. Bhargav Kadia |
| D | Membership No. | 36767 | 140469 |
| E | Firm Registration No. | 000387 | 111812W |
Historical Stock Returns for Pashupati Cotspin
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.28% | -3.25% | +6.32% | +14.77% | +43.99% | +1,126.70% |
What specific governance improvements does Pashupati Cotspin expect to achieve with these new auditor appointments?
How might the change in auditors impact the company's financial transparency and investor confidence?
Will the new auditors recommend any operational or strategic changes during their tenure?
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