Prevest Denpro appoints auditors for FY27, statutory auditor for five years

1 min read     Updated on 28 May 2026, 02:09 AM
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Prevest Denpro Limited has appointed M/s. ADV & Associates as its statutory auditor for a five-year term from FY27 to FY31, pending member approval. Additionally, the board appointed M/s. NKM and Associates, M/s. PAN and Associates, and M/s. VNB and Company as Secretarial, Cost, and Internal Auditors respectively for FY27. The appointments were approved by the Board on May 27, 2026.

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Prevest Denpro Limited has appointed M/s. ADV & Associates as its statutory auditor for a period of five years, subject to the approval of members. The appointment covers financial years 2026-27 to 2030-31. Additionally, the board appointed M/s. NKM and Associates, M/s. PAN and Associates, and M/s. VNB and Company as Secretarial, Cost, and Internal Auditors respectively for the financial year 2026-27.

The Board of Directors approved these appointments at its meeting held on May 27, 2026, based on the recommendations of the Audit Committee. The meeting commenced at 03.15 p.m. and concluded at 04.30 p.m. The statutory auditor appointment requires shareholder approval, while the other auditorships are effective for the specified financial year.

M/s. ADV & Associates, a Chartered Accountant firm (FRN: 128045W), provides audit, taxation, assurance, and consultancy services. The firm has expertise in Tax Audits, Statutory Audits, Internal Audits, Stock Audits, and Restatement assignments. M/s. NKM and Associates, a Sole Proprietor Firm established in 2018, is a Practicing Company Secretaries firm registered with the Institute of Company Secretaries of India (CP No. 20414).

M/s. PAN and Associates (FRN: 003692), Cost Accountants based in Delhi, brings experience in Cost Audit and guidance for maintaining cost accounting records. M/s. VNB and Company, Chartered Accountants, specializes in internal audits, compliance reviews, and risk management solutions, focusing on enhancing internal controls and operational efficiency.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is available on the company's website and has been submitted to BSE Limited.

Auditor Appointments Summary

Auditor Type Firm Name Term Registration Number
Statutory Auditor M/s. ADV & Associates FY27 to FY31 FRN: 128045W
Secretarial Auditor M/s. NKM and Associates FY27 CP No. 20414
Cost Auditor M/s. PAN and Associates FY27 FRN: 003692
Internal Auditor M/s. VNB and Company FY27 -

Historical Stock Returns for Prevest Denpro

1 Day5 Days1 Month6 Months1 Year5 Years
-3.63%+0.64%-9.30%-11.73%-21.54%+107.44%

How will the appointment of a new statutory auditor for a five-year term influence Prevest Denpro's financial reporting and compliance strategies?

What factors led to the selection of M/s. ADV & Associates, and how might their expertise in tax and statutory audits benefit the company?

How will the new internal auditor, M/s. VNB and Company, enhance the company's risk management and operational efficiency?

Prevest Denpro appoints independent director for five-year term

1 min read     Updated on 28 May 2026, 02:01 AM
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Prevest Denpro Limited has appointed Mr. Sukhen Pal Babuta as a Non-Executive Independent Director for a five-year term effective May 27, 2026, subject to shareholder approval. The Board approved the appointment based on the Nomination and Remuneration Committee's recommendation.

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Prevest Denpro Limited has appointed Mr. Sukhen Pal Babuta as an Additional Director in the capacity of Non-Executive Independent Director for a term of five years effective May 27, 2026. The appointment is not liable to retire by rotation and is subject to the approval of the members of the company.

The Board of Directors approved the appointment at its meeting held on May 27, 2026, based on the recommendation of the Nomination and Remuneration Committee. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Sukhen Pal Babuta holds a DIN of 01739016. He is a certified associate of the Institute of Chartered Accountants of India since 1987 and an insolvency professional registered with the Insolvency and Bankruptcy Board of India. He holds a bachelor's degree in science from Punjab University and has previously served as a director on the board of Punjab & Sind Bank.

The company confirmed that Mr. Babuta is not related to any of the existing directors, key managerial personnel, or promoters. Furthermore, he is not debarred from holding the office of Director by any SEBI order or any other authority.

The Board meeting commenced at 03.15 p.m. and concluded at 04.30 p.m. on May 27, 2026. The information regarding the appointment will be available on the company's website.

Appointment Details

Particulars Details
Name of Director Mr. Sukhen Pal Babuta
DIN 01739016
Capacity Non-Executive Independent Director
Date of Appointment May 27, 2026
Term 5 years
Liable to retire by rotation No

Historical Stock Returns for Prevest Denpro

1 Day5 Days1 Month6 Months1 Year5 Years
-3.63%+0.64%-9.30%-11.73%-21.54%+107.44%

How will Mr. Babuta's expertise in insolvency influence Prevest Denpro's risk management strategies?

What specific committees will Mr. Babuta join, and how might his presence shape their decisions?

Could this appointment signal a shift in Prevest Denpro's governance or strategic direction?

More News on Prevest Denpro

1 Year Returns:-21.54%