Sayaji Industries Appoints M/s T R S & Associates as Internal Auditor for FY 2026-27

1 min read     Updated on 06 May 2026, 12:04 PM
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Sayaji Industries Limited has appointed M/s T R S & Associates, a practicing Chartered Accountant firm registered with the ICAI, as its Internal Auditor for the financial year 2026-27. The Board approved the appointment based on the Audit Committee's recommendation, with remuneration to be decided periodically. The firm specializes in statutory audits, IPO advisory, and regulatory compliance.

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Sayaji Industries Limited has officially announced the appointment of M/s T R S & Associates as its Internal Auditor for the financial year 2026-27. The decision was approved by the Board of Directors on the recommendation of the Audit Committee. The disclosure was submitted to BSE Limited on 6th May, 2026, in accordance with SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Appointment Details

The appointment details were disclosed in Annexure-A submitted to the exchange. The table below summarizes the key parameters of the appointment:

Parameter Details
Firm Name M/s T R S & Associates
Firm Type Practicing Chartered Accountant Partnership Firm
Firm Registration No. 141126W
Registered With Institute of Chartered Accountants of India
Location Ahmedabad
Role Internal Auditor
Tenure Financial Year 2026-27
Remuneration To be decided by the Board in consultation with the Internal Auditor from time to time

Profile of M/s T R S & Associates

M/s T R S & Associates is a Chartered Accountant firm based in Ahmedabad, engaged in providing assurance, advisory, and compliance services to a diverse client base. The firm has gained experience in statutory audit, internal audit, and regulatory compliance, including SEBI ICDR & LODR requirements. Additionally, the firm provides strategic business advisory, IPO-related advisory, IND AS implementation, and valuations across various industries.

Regulatory Compliance

The appointment is compliant with applicable SEBI Listing Regulations. The disclosure was submitted by Vishnu Thaker, Company Secretary and Compliance Officer (ACS-60441), on behalf of Sayaji Industries Limited. The document was digitally signed on 6th May, 2026.

Historical Stock Returns for Sayaji Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+15.70%+19.49%+47.08%+56.60%+168.45%

How might M/s T R S & Associates' expertise in IPO advisory influence Sayaji Industries' potential capital market activities or fundraising plans in the near future?

Could the appointment of a relatively young firm (established 2015) as internal auditor signal a shift in Sayaji Industries' governance strategy, and how might this impact investor confidence?

Given the firm's specialization in IND AS implementation and GST advisory, are there indications that Sayaji Industries may be undergoing significant accounting standard transitions or facing indirect tax challenges in FY 2026-27?

Sayaji Industries Appoints M/s Dalwadi & Associates as Cost Auditors for FY 2026-27

1 min read     Updated on 05 May 2026, 06:09 PM
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Sayaji Industries Limited announced on 5th May, 2026, the Board-approved appointment of M/s Dalwadi & Associates, Cost Accountants, as Cost Auditors for FY 2026-27, subject to shareholder approval at the forthcoming AGM. The firm is led by CMA Ashwin G. Dalwadi, with more than five decades of experience in Cost and Management Accountancy across diversified industries. The disclosure was made pursuant to Regulation 30 of SEBI (Listing and Disclosure Requirements) Regulations, 2015.

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Sayaji Industries Limited has disclosed the appointment of M/s Dalwadi & Associates, Cost Accountants, as the Cost Auditors of the company for the financial year 2026-27. The Board of Directors approved the appointment on the recommendation of the Audit Committee. The appointment remains subject to the approval of shareholders at the company's ensuing Annual General Meeting. The disclosure was filed with BSE Limited on 5th May, 2026, pursuant to Regulation 30 of SEBI (Listing and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Appointment Details

The following table summarises the key details of the appointment as disclosed by the company:

Parameter: Details
Appointed Firm: M/s Dalwadi & Associates, Cost Accountants
Role: Cost Auditors of the Company
Financial Year: 2026-27
Approval Authority: Board of Directors, on recommendation of the Audit Committee
Pending Approval: Shareholders at the forthcoming Annual General Meeting
Regulatory Basis: Regulation 30 of SEBI (LODR) Regulations, 2015

Profile of M/s Dalwadi & Associates

M/s Dalwadi & Associates is a partnership firm of practising Cost and Management Accountants. The firm is led by CMA Ashwin G. Dalwadi, who brings more than five decades of experience in the area of Cost and Management Accountancy across diversified industries and service sectors. The firm offers a broad range of professional services, including:

  • Management consultancy
  • Audit and assurance
  • Indirect Taxation
  • Financing
  • Taxation
  • XBRL
  • KPO (Knowledge Process Outsourcing)
  • Training and other consultancy services

Regulatory Compliance

The disclosure was signed and submitted by Vishnu Thaker, Company Secretary and Compliance Officer (ACS-60441), on behalf of Sayaji Industries Limited. The filing was made in accordance with applicable SEBI listing regulations, ensuring timely and transparent communication of the board-level decision to the stock exchange.

Historical Stock Returns for Sayaji Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+15.70%+19.49%+47.08%+56.60%+168.45%

How might the appointment of M/s Dalwadi & Associates impact Sayaji Industries' cost optimization strategies and operational efficiency for FY 2026-27?

What are the potential implications if shareholders reject the cost auditor appointment at the upcoming Annual General Meeting?

Could the cost audit findings for FY 2026-27 influence Sayaji Industries' pricing strategies or profit margins in its key business segments?

More News on Sayaji Industries

1 Year Returns:+56.60%