Poojaa Precision Engg appoints Borkar & Muzumdar as statutory auditor

2 min read | Published on 29 Sept 2026, 01:03 PM |Updated on 29 Sept 2026, 01:34 PM

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Key Highlights

Appointed M/s. Borkar & Muzumdar as Statutory Auditors for five years until FY31
Appointed M/s. SIUT & Co. LLP as Secretarial Auditors for five years until FY31
Adopted audited FY26 financial statements with no qualifications from auditors
Approved material related party transactions with Jayshree Pistons and G K Founders

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

Poojaa Precision Engg. Limited has appointed M/s. Borkar & Muzumdar, Chartered Accountants, as its Statutory Auditors for a term of five consecutive years, effective from the conclusion of the 34th Annual General Meeting (AGM) held on September 29, 2026.

The appointment was approved by shareholders during the AGM, conducted via Video Conferencing and Other Audio-Visual Means. This marks the company's first AGM following its listing on the BSE in August 2026. The new audit firm will serve until the conclusion of the 39th AGM in 2031.

Auditor Appointments and Terms

The Board of Directors had initially appointed M/s. Borkar & Muzumdar at its meeting held on April 14, 2026, subject to shareholder ratification. The firm, with Firm Registration No. 101569W and Peer Review No. 019723, is registered with the Institute of Chartered Accountants of India (ICAI). It possesses experience in auditing listed companies and large corporates.

Simultaneously, shareholders approved the appointment of M/s. SIUT & Co. LLP, Company Secretaries, as Secretarial Auditors for a five-year term covering financial years FY27 to FY31. The Board had previously approved this appointment on August 17, 2026. SIUT & Co. LLP holds Unique Code L2021MH011500 and Peer Review No. 5460/2024.

Key Resolutions Passed

Shareholders approved several critical business items through electronic voting, which remained open from September 26 to September 28, 2026. The resolutions covered governance changes, auditor appointments, and related party transactions.

Agenda Item	Resolution Type
Adoption of audited FY26 financial statements	Ordinary Resolution
Re-appointment of Anil Shivajirao Kulkarni as Director	Ordinary Resolution
Appointment of Statutory Auditor (Borkar & Muzumdar)	Ordinary Resolution
Appointment of Secretarial Auditor (SIUT & Co LLP)	Ordinary Resolution
Approval of material related party transaction with Jayshree Pistons Private Limited	Ordinary Resolution
Approval of material related party transaction with G K Founders Private Limited	Ordinary Resolution
Ratification of remuneration of Cost Auditors	Ordinary Resolution

Management Address and Strategic Outlook

Managing Director Sanket Anil Kulkarni addressed the members, highlighting the company’s operational performance and key developments during FY26. He specifically briefed shareholders on the successful Initial Public Offering (IPO) and the subsequent listing of equity shares on BSE Limited on August 4, 2026. This transition to a listed entity was cited as a pivotal development in the company’s growth trajectory.

The management outlined plans focused on strengthening operations, improving efficiencies, and pursuing sustainable growth. The company emphasized its commitment to leveraging its new status as a public entity to expand market presence.

Governance and Compliance Updates

The Statutory Auditors reported no qualifications or observations regarding the company’s financial transactions for the fiscal year ended March 31, 2026. Consequently, the audited standalone and consolidated financial statements were adopted without any need for detailed reading of the auditor's report.

The e-voting results were scrutinized by SIUT & Co. LLP, appointed by the Board of Directors to ensure transparency. The final voting results are expected to be declared within two working days of the AGM’s conclusion. The meeting concluded at 11:37 am.

Historical Stock Returns for Poojaa Precision Engg.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.27%	+12.80%	+24.05%	+166.61%	+166.61%	+166.61%

How will the transition to a listed entity impact Poojaa Precision Engg.'s capital expenditure plans for capacity expansion in the next fiscal year?

What specific operational efficiencies is management targeting to improve margins following the recent IPO proceeds?

How might the material related party transactions with Jayshree Pistons and G K Founders influence the company's long-term supply chain independence?

Meeting Details

The schedule outlines the mode and location for the interaction:

Date	Locations	Mode
September 17, 2026	Pune, Chakan, Mumbai	In-person, Virtual

Key Notes

The schedule may change due to exigencies on the part of the investors or the company.
No Unpublished Price Sensitive Information (UPSI) is proposed to be shared during the meeting.

Shalaka Khandelwal, Company Secretary and Compliance Officer, signed the disclosure.

Historical Stock Returns for Poojaa Precision Engg.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.27%	+12.80%	+24.05%	+166.61%	+166.61%	+166.61%

What specific operational updates or strategic initiatives is Poojaa Precision likely to highlight given the multi-location format of the meeting?

How might investor sentiment and stock volatility be affected in the days leading up to the September 17 interaction?

Will the management provide any forward-looking guidance on revenue targets or margin expectations for the upcoming fiscal year?