Precision Camshafts appoints auditors for FY 2026-27

1 min read     Updated on 23 May 2026, 04:59 AM
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Precision Camshafts Limited appointed M/s B S and Co. LLP as Internal Auditor and M/s S. V. Vhatte & Associates as Cost Auditor for FY 2026-27 on May 22, 2026.

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Precision Camshafts Limited has announced the appointment of its internal and cost auditors for the financial year 2026-27. The decision was taken by the Board of Directors during a meeting held on May 22, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board approved the appointment of M/s B S and Co. LLP, Chartered Accountants, Pune, as the Internal Auditors of the company. Additionally, M/s S. V. Vhatte & Associates, Cost Accountants, Solapur, were appointed as the Cost Auditors for the financial year 2026-27.

Auditor Details

The following table outlines the key details regarding the newly appointed auditors:

Sr. No Particulars Internal Auditor Cost Auditor
1 Firm Name M/s B S and Co. LLP, Chartered Accountants, Pune S. V. Vhatte & Associates, Cost Accountants, Solapur
2 Date of Appointment 22/05/2026 22/05/2026
3 Term of Appointment FY 2026-27 FY 2026-27

Internal Auditor Profile

M/s B S & Co LLP is a Pune-based chartered accountancy firm founded in 2010 and registered with the Institute of Chartered Accountants of India (ICAI) under FRN W100072. The firm is a member of AMAN & Affiliates and offers expertise in financial, regulatory, and risk advisory. Its services include Statutory Audits, Internal Audits, Assurance, Taxation, and Risk and Transaction Advisory Services.

Cost Auditor Profile

S. V. Vhatte & Associates is a firm of Cost Accountants practicing in the fields of Cost Accountancy, Auditing, GST, and Income Tax. The firm has been appointed to oversee the cost audit functions for the company for the specified financial year.

Historical Stock Returns for Precision Camshafts

1 Day5 Days1 Month6 Months1 Year5 Years
-6.63%-0.69%-1.79%-14.08%-9.25%+150.19%

How might the appointment of new internal auditors impact Precision Camshafts Limited's financial controls and governance practices in FY 2026-27 compared to previous years?

Could the cost audit findings by S. V. Vhatte & Associates influence Precision Camshafts' pricing strategy or operational efficiency improvements in the competitive auto components market?

Are there any indications that Precision Camshafts Limited is planning significant expansions or restructuring that may have driven the need for enhanced internal audit oversight?

Precision Camshafts Limited Clarifies Significant Price Movement to BSE

1 min read     Updated on 10 Apr 2026, 08:58 PM
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Precision Camshafts Limited responded to BSE's query about significant price movement on April 10, 2026, confirming compliance with SEBI LODR Regulations 2015. The company stated there is no undisclosed price-sensitive information and attributed the trading activity to market conditions, assuring continued transparency in disclosures.

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Precision Camshafts Limited has issued a clarification to BSE Limited regarding significant price movement in its shares, responding to an exchange query dated April 10, 2026. The company addressed concerns about unusual trading activity through a formal communication from Company Secretary and Compliance Officer Harshal J. Kher.

Company's Response to BSE Query

The clarification was issued in response to BSE's email with reference number L/SURV/ONL/PV/APJ/2026-2027/32, which sought explanation for the significant increase in trading volume of the company's securities. Precision Camshafts emphasized its commitment to regulatory compliance and transparency in market communications.

Parameter Details
BSE Scrip Code 539636
Query Date April 10, 2026
Response Reference PCL/SEC/26-27/02
Signatory Harshal J. Kher, Company Secretary

Compliance and Disclosure Statement

Precision Camshafts confirmed its adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that it has been promptly informing stock exchanges about all events and information that could impact its operations or performance. The management emphasized that there is no undisclosed price-sensitive information or pending announcements that would require immediate disclosure to exchanges.

Market-Driven Price Movement

The company attributed the recent price and volume behavior in its scrip to prevailing market conditions, describing the movement as "absolutely market-driven." This clarification aims to address investor concerns about potential undisclosed developments that might have influenced trading activity. The management assured stakeholders that the price movement does not reflect any material corporate actions or undisclosed information.

Ongoing Commitment to Transparency

Precision Camshafts reaffirmed its commitment to maintaining transparency and regulatory compliance. The company assured BSE that it will continue to promptly inform stock exchanges of all material events, information, and corporate actions as required under SEBI regulations. This commitment underscores the company's dedication to maintaining investor confidence and regulatory compliance.

Historical Stock Returns for Precision Camshafts

1 Day5 Days1 Month6 Months1 Year5 Years
-6.63%-0.69%-1.79%-14.08%-9.25%+150.19%

What specific market conditions or sector trends could be driving the unusual trading volume in Precision Camshafts' shares?

Will BSE implement additional surveillance measures or monitoring protocols for Precision Camshafts following this price movement inquiry?

How might this increased market attention affect Precision Camshafts' upcoming quarterly earnings guidance or investor relations strategy?

More News on Precision Camshafts

1 Year Returns:-9.25%