SKF India (Industrial) Appoints M/s Samdani & Co as Tax and GST Auditors for FY 2026-27

1 min read     Updated on 14 May 2026, 09:28 AM
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SKF India (Industrial) Limited has appointed M/s Samdani & Co, Chartered Accountants (Firm Reg. No. 142734W) as its Tax and GST Auditors for FY 2026-27, with the Board approving the appointment on 12 May 2026 based on the Audit Committee's recommendation. The firm, formed in 2016, provides audit, litigation, and advisory services. The disclosure was made by Company Secretary Poorva Bang under Regulation 30 of SEBI (LODR).

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SKF India (Industrial) Limited has announced the appointment of M/s Samdani & Co, Chartered Accountants (Firm Reg. No. 142734W) as its Tax and GST Auditors for the Financial Year 2026-27. The Board of Directors approved the appointment at its meeting held on 12 May 2026, acting on the recommendation of the Audit Committee. The intimation was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November 2024.

Appointment Details

The following key details of the appointment have been disclosed as required under the applicable regulatory framework:

Parameter: Details
Firm Name: M/s Samdani & Co, Chartered Accountants
Firm Registration No.: 142734W
Role: Tax and GST Auditors
Financial Year: 2026-27
Date of Appointment: 12 May 2026
Reason for Appointment: Appointed as Tax and GST Auditors for FY 2026-27
Relationship with Directors: Not Applicable

Profile of M/s Samdani & Co

Formed in the year 2016, M/s Samdani & Co provides audit and litigation services to businesses, along with advisory services aimed at improving operational efficiency and reducing finance costs. The firm's appointment as Tax and GST Auditors covers the conduct of tax and GST audit of SKF India (Industrial) Limited for FY 2026-27.

Regulatory Compliance

The disclosure was made by Poorva Bang, Company Secretary and Compliance Officer of SKF India (Industrial) Limited, in accordance with the requirements of Regulation 30 of SEBI (LODR). The company is headquartered at Chinchwad Gaon, Chinchwad, Pune 411033, Maharashtra, India.

How might M/s Samdani & Co's relatively recent establishment in 2016 influence SKF India (Industrial)'s audit quality and compliance outcomes for FY 2026-27 compared to more established firms?

Could this auditor appointment signal any upcoming changes in SKF India (Industrial)'s GST compliance strategy or tax restructuring plans for FY 2026-27?

What potential impact could evolving GST regulations or anticipated tax policy reforms in India have on the scope of work for the newly appointed Tax and GST Auditors?

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SKF India (Industrial) Limited Appoints M/s Joshi Apte & Associates as Cost Auditors for FY 2026-27

1 min read     Updated on 14 May 2026, 08:44 AM
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SKF India (Industrial) Limited has appointed M/s Joshi Apte & Associates, Cost Accountants (Firm Reg. No. 000240), as Cost Auditors for FY 2026-27, with the Board approving the appointment on 12th May 2026 based on the Audit Committee's recommendation. The peer-reviewed firm brings 17 years of expertise in Cost Management Accountancy, offering services including Cost Audit, Costing Systems, and Cost Study and Analysis. The disclosure was made in compliance with Regulation 30 of SEBI LODR Regulations.

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SKF India (Industrial) Limited has announced the appointment of M/s Joshi Apte & Associates, Cost Accountants (Firm Reg. No. 000240) as Cost Auditors of the company for the Financial Year 2026-27. The Board of Directors approved this appointment at their meeting held on 12th May 2026, acting on the recommendation of the Audit Committee. The appointment has been made pursuant to Section 148 of the Companies Act, 2013, read with the Companies (Cost Records and Audit) Rules, 2014, and other applicable provisions.

Appointment Details

The disclosure was made in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024. The key details of the appointment are outlined below:

Parameter: Details
Firm Name: M/s Joshi Apte & Associates, Cost Accountants
Firm Registration No.: 000240
Nature of Appointment: Cost Auditors
Scope: Audit of cost accounts of the Company
Financial Year: 2026-27
Date of Appointment: 12th May 2026
Peer-Reviewed Firm: Yes

Profile of the Appointed Firm

M/s Joshi Apte & Associates is a peer-reviewed firm with a track record of providing expert services in Cost Management Accountancy for the last 17 years. The firm comprises a team of seasoned practitioners with rich experience alongside young professionals. The firm also observes diversity, with a majority of women partners. Its professional service offerings include:

  • Cost Audit
  • Costing Systems
  • Cost Study and Analysis

Regulatory Compliance

The intimation was submitted to both the National Stock Exchange of India Limited and BSE Limited in accordance with the applicable listing regulations. The Company Secretary and Compliance Officer, Poorva Bang, signed and submitted the disclosure on behalf of SKF India (Industrial) Limited. The company's registered office is located at Chinchwad Gaon, Chinchwad, Pune 411033, Maharashtra, India.

How might SKF India's cost audit findings for FY2026-27 influence its pricing strategy and competitiveness in the industrial bearings and components market?

Will the cost audit results reveal any operational inefficiencies that could prompt SKF India to accelerate its manufacturing automation or restructuring initiatives?

How could increased regulatory scrutiny through cost auditing impact SKF India's margins and investor sentiment in the near to medium term?

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