Uniroyal Marine Exports Limited's board has approved the re-appointment of key auditors for the financial year 2026-27, ensuring continued oversight of the company's internal and secretarial compliance functions. The decisions were taken during a board meeting held on July 01, 2026, which commenced at 03:00 P.M. and concluded at 03:30 P.M.

The board re-appointed Mr. Panakkat Sandeep Kumar, a Company Secretary in Practice, as the Internal Auditor. His firm operates offices in Calicut, Trivandrum, and Cochin, providing services such as secretarial audits, internal audits, and tax-related matters. His team includes qualified Chartered Accountants, Company Secretaries, and Cost Accountants who leverage audit analytics to enhance engagement quality.

Additionally, the board re-appointed Gopimohan Satheesan and Associates LLP, Practicing Company Secretaries, as the Secretarial Auditor. Mr. K.P. Satheesan, a Fellow Member of the Institute of Company Secretaries of India, leads the firm with over 20 years of post-qualification experience since starting practice in 1997. His expertise covers company law matters, public issues, SEBI regulations, and project funding.

Re-appointment Details

The following table summarizes the auditor re-appointments approved by the board:

These appointments are disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Uniroyal Marine Exports Limited reported a net profit of ₹26.58 lakh for the financial year ended March 31, 2026, a significant increase from ₹6.91 lakh in the previous year. Revenue from operations for the year rose to ₹2,869.89 lakh compared to ₹2,845.22 lakh in FY25. The board approved the audited standalone financial results at a meeting held on May 30, 2026.

For the quarter ended March 31, 2026, the company posted a net profit of ₹0.92 lakh, with revenue from operations at ₹1,408.50 lakh. The statutory auditors, M/s. BSJ & Associates, issued an unmodified opinion on the financial results. The company confirmed it is not classified as a Large Corporate under SEBI regulations.

Pursuant to Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the audited standalone financial results in newspapers on May 31, 2026. The advertisements appeared in the English daily Financial Express and the regional language daily Deepika. The results were also posted on the company's website.

Financial Performance

The company noted that comparative figures for the previous year have been restated to correct prior period errors related to depreciation and the measurement of a security deposit. These corrections resulted in an adjustment to retained earnings but did not impact the company's cash flows.