Patil Automation Limited Appoints M/s F. X. Nelson Leo & Associates as Cost Auditor for Financial Year 2026-27

1 min read     Updated on 08 May 2026, 07:42 AM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

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.

powered bylight_fuzz_icon
39751950

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

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 Day5 Days1 Month6 Months1 Year5 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?

Patil Automation Appoints M/s. D Maurya & Associates as Secretarial Auditor for FY 2026-27

1 min read     Updated on 08 May 2026, 07:41 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Patil Automation Limited's Board of Directors approved the appointment of M/s. D Maurya & Associates (CP No. 9594) as Secretarial Auditor for FY 2026-27 at its meeting on May 07, 2026. The appointment was recommended by the Audit Committee and disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015. M/s. D Maurya & Associates is a Mumbai-based firm established in 2010, led by Mr. Dhirendra Radheshyam Maurya (ICSI Membership No. 22005), specialising in Secretarial Audit of Listed Companies and SEBI compliance.

powered bylight_fuzz_icon
39751891

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

Patil Automation Limited has announced the appointment of M/s. D Maurya & Associates, Company Secretaries in Practice (CP No. 9594), as its Secretarial Auditor for the financial year 2026-27. The decision was approved by the Board of Directors at its meeting held on May 07, 2026, based on the recommendation of the Audit Committee. The intimation 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 following table summarises the key disclosures made by Patil Automation in connection with this appointment:

Parameter: Details
Reason for Change: Appointment
Date of Appointment: May 07, 2026
Auditor Name: M/s. D Maurya & Associates, Practicing Company Secretaries
Proprietor: Mr. Dhirendra Radheshyam Maurya
CP No.: 9594
Peer Review Certificate: 2544/2022
Membership No. (ICSI): 22005
Appointment Period: Financial Year 2026-27
Relationship with Directors: Not Applicable

Profile of the Appointed Auditor

M/s. D Maurya & Associates is a Mumbai-based proprietary firm of Practicing Company Secretaries, established in the year 2010. The firm is led by Mr. Dhirendra Radheshyam Maurya, an Associate Member of the Institute of Company Secretaries of India (ICSI) with Membership No. 22005. Mr. Maurya is noted for his expertise in Secretarial Audit of Listed Companies, Compliances under SEBI (LODR) Regulations, Company Law Advisory, Due Diligence, and Representations before RD & NCLT.

Board Meeting Timing

The Board Meeting at which this appointment was approved commenced at 03:00 p.m. and concluded at 05:00 p.m. on May 07, 2026. The intimation was signed by Manoj Pandurang Patil, Managing Director (DIN: 06425903), on behalf of Patil Automation Limited. The company's registered office and works are located at Gat No. 154, Behind G.E. Company, Sudumbre, Tal. Maval, Dist. Pune (INDIA) – 412109.

Historical Stock Returns for Patil Automation

1 Day5 Days1 Month6 Months1 Year5 Years
+3.61%+6.76%+41.74%+9.63%+16.44%+16.44%

Will the secretarial audit by M/s. D Maurya & Associates reveal any compliance gaps in Patil Automation's SEBI LODR adherence that could impact its listing status?

How might Patil Automation's governance and compliance framework evolve beyond FY 2026-27, and will the firm consider retaining the same auditor for continuity?

Could the appointment of a Mumbai-based secretarial auditor signal Patil Automation's plans to expand its corporate operations or pursue capital market activities in the near future?

More News on Patil Automation

1 Year Returns:+16.44%