rex pipes & cables has appointed M/s S. Goyal & Co., Cost Accountants, as the Cost Auditor to audit the cost records of the company for the financial year 2026-27. The Board of Directors approved the appointment during its meeting held on July 21, 2026. The disclosure was submitted to the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

M/s S. Goyal & Co. is a firm of Cost Accountants providing services to clients across India, including Government Companies and Mini Ratna Public Sector Undertakings. The firm possesses experience in conducting Cost Audits in SAP and ERP environments for multi-location organizations. Its domain expertise includes sectors such as Cement, Minerals, Metals, Coal, Oil & Gas, Telecommunications, Power, Petroleum, Pharmaceuticals, Fertilizers, and Sugar.

Appointment Details

The Board approved the appointment of the cost auditor for the upcoming financial year.

Rex Pipes & Cables Industries Limited has approved the regularisation of Varun Kacholia as an Additional Director (Non-Executive Independent Director) effective January 30, 2026, subject to shareholder approval. The decision was taken by the Board of Directors during its meeting held on July 21, 2026. The move aims to formalise the position of Kacholia, who has been serving in the capacity, pending ratification by the company's shareholders in the ensuing Annual General Meeting.

The disclosure was made to the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company cited the need to comply with regulatory frameworks, including Schedule III of the LODR Regulations and a specific SEBI Master Circular dated January 30, 2026.

Varun Kacholia is an Investment Banker with over 17 years of post-qualification experience. His expertise spans due diligence, execution of public issues, business restructuring, and corporate advisory, ensuring compliance with SEBI regulations and other applicable corporate laws.

Professional Background

Kacholia's professional achievements include advisory roles for several public listings. He provided listing advisory on BSE and NSE for Venus Pipes & Tubes Limited, which was awarded the Fastest Subscribed IPO in India by the Golden Book of World Records. He also advised JNK India Limited, notable for establishing India's first Hydrogen Fuel Station as a pilot project in association with a Government of India PSU.

Other significant assignments include listing advisory for Denta Water and Infra Solutions Limited and valuation assignments for major entities such as Staples India Limited, Glint Infra Projects, Sutlej Industries Limited, and AGC Networks Limited. He has also worked with Chalet Hotels, VLCC India Limited, Elpro International Limited, SMC Global, Embibe (Reliance Jio Group), Medikabazdar, and Godrej Meximilk (Godrej Group).

Director Details

The company disclosed that there are no specific relationships between directors that require disclosure in this instance.