UTL Industries appoints M/s Divyang Parikh & Co as internal auditor

1 min read Updated on 25 May 2026, 06:33 PM

Reviewed by

Naman SScanX News Team

AI Summary

UTL Industries Limited has appointed M/s Divyang Parikh & Co., Chartered Accountants, as its internal auditor for the financial year 2026-27. The appointment was approved by the Board on May 25, 2026, to ensure compliance with the Companies Act 2013 and SEBI regulations.

*this image is generated using AI for illustrative purposes only.

UTL Industries Limited has announced the appointment of M/s Divyang Parikh & Co., Chartered Accountants, as its internal auditor for the financial year 2026-27. The decision was taken by the company's Audit Committee and Board of Directors during a meeting held on May 25, 2026.

The appointment was made to comply with the requirements of the Companies Act 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The firm holds a Firm Registration Number (FRN) of 118087W.

Appointment Details

The disclosure regarding the new internal auditor was submitted to the stock exchanges. The table below outlines the key details of the appointment:

Name of Internal Auditor	M/s Divyang Parikh & Co., Chartered Accountants, Vadodara (FRN: 118087W)
Reason for change	Re-appointment to comply with the Companies Act 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Date of re-appointment	May 25, 2026
Term of appointment	For Financial Year 2026-27
Disclosure of relationships between Directors	Not Applicable

The company confirmed that there are no relationships to disclose between the new internal auditor and the directors of UTL Industries Limited. The appointment is effective immediately for the specified financial year.

Historical Stock Returns for UTL Industries

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-1.12%	-3.83%	-35.53%	-39.93%	-86.51%

How might the re-appointment of the same internal auditor for FY 2026-27 impact the independence and objectivity of UTL Industries' internal audit process over time?

What specific areas of UTL Industries' financial operations are likely to come under heightened scrutiny during the FY 2026-27 internal audit cycle?

Could UTL Industries consider rotating its internal auditor in future years to align with best corporate governance practices, and how might that affect investor confidence?

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UTL Industries appoints auditor for 5-year term

0 min read Updated on 25 May 2026, 06:15 PM

Reviewed by

Anirudha BScanX News Team

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UTL Industries Limited has appointed M/s. V.J. Amin & Co. as Statutory Auditors for a five-year term, subject to member approval at the upcoming 37th Annual General Meeting. The appointment is effective from the conclusion of the 37th AGM until the conclusion of the 42nd AGM in 2031.

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UTL Industries Limited has announced the appointment of M/s. V.J. Amin & Co., Chartered Accountants, as its Statutory Auditors. The appointment, subject to shareholder approval at the forthcoming 37th Annual General Meeting, is for a first term of five consecutive years. The tenure will be effective from the conclusion of the 37th AGM until the conclusion of the 42nd AGM to be held in the year 2031.

The Audit Committee and the Board of Directors approved the appointment pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s. V.J. Amin & Co. holds a Firm Registration No. 100335W and is registered with the Institute of Chartered Accountants of India (ICAI). The firm is a multi-disciplinary organization providing professional services to domestic and multinational corporations across various sectors.

Detail	Information
Name of Auditor	M/s. V.J. AMIN & CO., Chartered Accountant
Firm Registration No.	100335W
Term of Appointment	5 years (from 37th AGM to 42nd AGM)
Year of 42nd AGM	2031
Relationship with Directors	Not Applicable

Historical Stock Returns for UTL Industries

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-1.12%	-3.83%	-35.53%	-39.93%	-86.51%

How might the transition to M/s. V.J. Amin & Co. impact UTL Industries' financial reporting standards and transparency compared to their previous auditor?

What potential changes in audit findings or financial disclosures could shareholders anticipate following this new auditing firm's first review of UTL Industries' books?

How does the appointment of a multi-disciplinary audit firm like V.J. Amin & Co. align with UTL Industries' broader corporate governance improvement strategy?