Tamil Nadu Newsprint and Papers Limited has appointed M/s. A. John Moris & Co., Chartered Accountants, as its Statutory Auditors and Tax Auditors for the financial year 2026-2027. The appointment was ratified by the company's Board of Directors during a meeting held on September 24, 2026.

The selection of the audit firm was initiated by the Office of the Comptroller and Auditor General of India (CAG). In a letter dated September 9, 2026, the CAG exercised powers conferred by Section 139 of the Companies Act, 2013 to appoint M/s. A. John Moris & Co. for the specified tenure. The firm holds Firm Registration Number (FRN) 007220S.

Auditor profile and tenure

M/s. A. John Moris & Co. is a Chennai-headquartered firm established in 1996. It currently operates with 31 partners and maintains 23 branches across India. The firm provides professional services including Audit, Assurance, and Related Services, with over three decades of experience in the market.

The tenure of the appointment is set for one year, covering FY27. This appointment aligns with the regulatory framework under Regulation 30 of the SEBI (LODR) Regulations, 2015, ensuring compliance with listing obligations regarding auditor disclosures.

Board meeting details

The Board meeting commenced at 11:00 am and concluded at 5:00 pm on Thursday, September 24, 2026. The approval of the statutory auditor was one of several items on the agenda, formally communicated to both BSE Limited and the National Stock Exchange of India Limited in compliance with disclosure norms.

Tamil Nadu Newsprint and Papers Limited concluded its 46th Annual General Meeting on September 24, 2026, with shareholders approving the adoption of audited financial statements for the fiscal year ended March 31, 2026.

The meeting, conducted via video conferencing in compliance with Ministry of Corporate Affairs and SEBI circulars, was chaired by Kumar Jayant, Chairman and Managing Director. Key resolutions passed included the declaration of dividend, re-appointment of a director retiring by rotation, and fixation of statutory auditor remuneration.

Statutory audit observations

The company’s statutory auditors, M/s A John Moris & Co, issued an unqualified opinion on the financial statements. However, they noted an observation regarding the audit trail functionality of the accounting software, Oracle E-Business Suite (EBS). The auditors reported that while EBS maintains an audit trail at the application level, it does not have audit trail enabled at the database level to log direct data changes. The auditors clarified that there is no scope for users to alter or edit entries at the backend.

Additionally, the Comptroller and Auditor General of India submitted a "NIL" report, indicating no adverse comments on the accounts. Secretarial auditors M/s Sridharan & Sridharan Associates provided their report, with qualifications addressed in the Board’s Report.

Resolutions transacted

Shareholders voted on five ordinary resolutions during the session. The e-voting results were scheduled for announcement within two working days via the Central Depository Services Limited platform.

Governance and attendance

The Board of Directors present included Kumar Jayant (CMD), N Venkatesh, R Kannan, and several independent directors such as Dr N Sundaradevan, Tmt M Sathiyavathy, Mathew Thomas, and Sriganesh Padmanabhan. Dr S Vijayakumar was absent due to prior commitments but was up for re-appointment. The meeting concluded at 1:45 pm after addressing member queries on operational performance and market outlook.