Semac Construction Limited has re-appointed M/s Number Tree LLP as its internal auditor for the financial year 2026-2027. The Board of Directors approved the re-appointment at its meeting held on May 25, 2026, following a recommendation from the Audit Committee. This decision ensures compliance with Section 138 of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The appointment was intimated to the stock exchanges on May 29, 2026. M/s Number Tree LLP brings nearly two decades of experience in conducting internal audits, management audits, and cost audits for large infrastructure, construction, and engineering projects. The firm utilizes a risk-based audit approach to evaluate governance, internal controls, and operational efficiency across project lifecycles.

Auditor Profile and Scope

M/s Number Tree LLP focuses on identifying control gaps, mitigating risks, and strengthening compliance frameworks. The firm's multidisciplinary team includes professionals in finance, engineering, and project management. Their audit deliverables aim to provide practical insights on cost controls, procurement practices, revenue recognition, and project execution to support informed decision-making.

Regulatory Compliance

The re-appointment is in accordance with the Companies (Accounts) Rules, 2014 and relevant SEBI circulars. The disclosure details the rationale for the change as a re-appointment to comply with statutory provisions. There are no relationships to disclose regarding the directors of the company in relation to this appointment.

Semac Construction Ltd. has announced that its board meeting will be held on Friday, May 29, 2026. The primary agenda for the meeting is to consider and approve the audited financial results for the quarter and period ended March 31, 2026.

Agenda for the Meeting

The board will deliberate upon the financial performance of the company for the specified period. The approval will cover both standalone and consolidated financial results, providing a comprehensive view of the company's operations.

Key Details

The intimation regarding the board meeting was issued in compliance with Regulation 29(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates companies to inform the stock exchanges about the board meetings scheduled to consider financial results.