Patil Automation Limited Appoints M/s F. X. Nelson Leo & Associates as Cost Auditor for Financial Year 2026-27
Patil Automation Limited's Board of Directors approved the appointment of M/s F. X. Nelson Leo & Associates, Practicing Cost Accountants (Firm Registration No: 100703), as Cost Auditor for the financial year 2026-27 at its meeting held on May 07, 2026. The decision was made on the recommendation of the Audit Committee and disclosed under Regulation 30 of the SEBI Listing Regulations. The appointed firm is a Pune-based practice with over 16 years of experience in cost audit, costing systems, and management reporting services.

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Patil Automation Limited has announced the appointment of M/s F. X. Nelson Leo & Associates, Practicing Cost Accountants (Firm Registration No: 100703), as the Cost Auditor of the Company for the financial year 2026-27. The appointment was approved by the Board of Directors at its meeting held on May 07, 2026, following a recommendation by the Audit Committee. The Board Meeting commenced at 03:00 p.m. and concluded at 05:00 p.m. This disclosure has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Appointment Details
The key details of the appointment, as disclosed under Regulation 30 of the SEBI Listing Regulations, are summarised below:
| Parameter: | Details |
|---|---|
| Reason for Change: | Appointment |
| Date of Appointment: | May 07, 2026 |
| Firm Name: | M/s F. X. Nelson Leo & Associates, Practicing Cost Accountants |
| Firm Registration No: | 100703 |
| Appointment Period: | Financial Year 2026-27 |
| Relationship with Directors: | Not Applicable |
Profile of the Appointed Firm
M/s F. X. Nelson Leo & Associates is a Pune-based proprietary firm established by Mr. Nelson Leo Francis Xavier, a Fellow Member of the Institute of Cost Accountants of India. The firm brings over 16 years of experience in providing consulting services to domestic and multinational companies across small, medium, and large segments. The firm's areas of expertise include:
- Costing system development and improvement projects
- Cost audit of various companies
- Excel-based dashboard preparation for Management Reporting
- Inventory Valuation
- Cost Audit, MIS, and KPI Reporting
The appointment underscores Patil Automation Limited's commitment to maintaining robust cost governance and compliance with applicable statutory requirements for the financial year 2026-27.
Historical Stock Returns for Patil Automation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.61% | +6.76% | +41.74% | +9.63% | +16.44% | +16.44% |
How might the appointment of a specialized cost auditor impact Patil Automation Limited's operational efficiency and cost optimization strategies in FY 2026-27?
Could the enhanced cost governance framework signal Patil Automation Limited's preparation for potential expansion, fundraising, or entry into new business segments?
What specific cost inefficiencies or compliance gaps in Patil Automation Limited's manufacturing processes might the new cost auditor be expected to identify and address?






























