Shreeshay Engineers adopts FY26 accounts, reappoints Jignesh Thobhani

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Shreeshay Engineers Limited held its 31st AGM on September 28, 2026, via video conferencing
  • Members adopted audited financial statements for the fiscal year ended March 31, 2026
  • Jignesh Thobhani was re-appointed as Managing Director following retirement by rotation
  • Statutory and secretarial audits reported no qualifications or adverse comments for FY26
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Shreeshay Engineers Limited held its 31st Annual General Meeting on September 28, 2026, adopting audited financial statements for the fiscal year ended March 31, 2026. The meeting also approved the re-appointment of Managing Director Jignesh Thobhani, who retired by rotation.

The proceedings were conducted entirely through Video Conferencing and Other Audio Visual Means, in compliance with Ministry of Corporate Affairs and SEBI circulars. A total of 14 members attended the virtual session, inclusive of one director and the Chief Financial Officer. The meeting commenced at 12:30 pm and concluded at 1:10 pm.

Key resolutions passed

The company utilized remote e-voting facilities provided by National Securities Depository Limited (NSDL) prior to the meeting. Voting remained open from September 24 to September 27, 2026. During the live session, members were given an additional 15-minute window to cast votes on any pending items.

The following ordinary resolutions were transacted:

Item Resolution Details Type
1 Adoption of audited financial statements for FY26 along with Board and Auditor reports Ordinary
2 Re-appointment of Mr. Jignesh Thobhani (DIN: 07702512) as Director Ordinary

Compliance and audit status

Jayesh Vijay Merchant, Company Secretary and Compliance Officer, confirmed that the statutory audit report by B. B. Gusani & Associates and the secretarial audit by MSR & Associates contained no qualifications or adverse observations. This clean audit opinion signals stable regulatory compliance for the fiscal year.

Two members raised queries during the open forum, which were addressed by the Chairman. The voting results are scheduled for announcement within two working days and will be published on the company website and stock exchange platforms.

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How will the re-appointment of Managing Director Jignesh Thobhani influence Shreeshay Engineers' strategic direction for the upcoming fiscal year?

What specific growth initiatives or capital expenditure plans were outlined in the adopted FY26 financial statements?

Given the low attendance of 14 members, how does this reflect on current shareholder engagement levels and potential liquidity concerns?

Shreeshay Engineers appoints M/s. D G M S & Co. as internal auditor

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Shreeshay Engineers appointed M/s. D G M S & Co. as Internal Auditor
  • Appointment covers fiscal years 2026-2027 and 2027-2028
  • Board approved the hire on August 28, 2026
  • Move complies with Section 138 of Companies Act, 2013
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Shreeshay Engineers Limited has appointed M/s. D G M S & Co., Chartered Accountants, as its Internal Auditor for the fiscal years 2026-2027 and 2027-2028.

The Board of Directors approved the appointment during a meeting held on August 28, 2026. The move ensures compliance with Section 138 of the Companies Act, 2013, and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The firm is based in Mumbai and holds firm registration number 0112187W. The appointment covers two fiscal years, providing continuity in the company’s internal audit framework.

Particulars Details
Auditor Name M/s. D G M S & Co.
Qualification Chartered Accountants
Firm Registration No. 0112187W
Location Mumbai
Tenure FY26-27 & FY27-28
Date of Appointment August 28, 2026

Jignesh Amrutlal Thobhani, Managing Director of Shreeshay Engineers Limited, signed the intimation letter addressed to the Listing Department of BSE Limited.

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What specific internal control weaknesses or risk areas is Shreeshay Engineers targeting for improvement under the new audit framework?

How might the appointment of a Mumbai-based firm impact the operational efficiency and cost structure of Shreeshay's internal audit processes?

Are there any pending regulatory observations from previous audits that this new appointment aims to address in the upcoming fiscal years?

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