Virgo Polymers Board Approves DTSB & Associates as Internal Auditor for FY 2026-27
Virgo Polymers India Limited successfully concluded its board meeting on April 3, 2026, approving the appointment of DTSB & Associates as internal auditor for financial year 2026-27. The established chartered accountancy firm, founded in 1989 with ten partners across four Indian branches, will conduct internal audit functions to ensure compliance with Section 138 of the Companies Act, 2013.
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Virgo Polymers India Limited has successfully concluded its board meeting held on April 3, 2026, approving the appointment of M/s. DTSB & Associates as the company's internal auditor for the financial year 2026-27. The meeting was conducted through video conference from 3:30 PM to 4:00 PM, in compliance with regulatory requirements.
Board Meeting Outcome
The board of directors formally approved the appointment of DTSB & Associates as internal auditors under Section 138 of the Companies Act, 2013, and the rules made thereunder. This decision ensures the company's compliance with statutory requirements for internal audit functions.
| Meeting Details: | Information |
|---|---|
| Date: | Friday, April 3, 2026 |
| Duration: | 3:30 PM to 4:00 PM |
| Mode: | Video Conference |
| Appointed Auditor: | M/s. DTSB & Associates |
| Term: | Financial Year 2026-27 |
| Effective Date: | April 3, 2026 |
About DTSB & Associates
DTSB & Associates is a peer-reviewed professional services firm established in 1989. The chartered accountancy firm has evolved into a ten-partner practice with a qualified team of professionals operating through four branches across India. The firm offers comprehensive services including audit and assurance, internal audit, taxation, regulatory compliance, advisory, and business consulting.
| Firm Profile: | Details |
|---|---|
| Establishment Year: | 1989 |
| Structure: | Ten-partner practice |
| Coverage: | Four branches across India |
| Services: | Audit, taxation, compliance, consulting |
| Methodology: | Technology-driven processes |
Regulatory Compliance
The appointment fulfills the company's obligations under Section 138 of the Companies Act, 2013, read with Rule 13 of the Companies (Accounts) Rules, 2014. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency for stakeholders.
Management Authorization
The board meeting outcome was officially communicated to BSE Limited by Vivek Ramsisaria, Managing Director with DIN 01942187. The communication was digitally signed and submitted on April 3, 2026, maintaining proper corporate governance protocols.
What specific areas of Virgo Polymers' operations will DTSB & Associates prioritize during their internal audit for FY 2026-27?
How might this new internal auditor appointment impact Virgo Polymers' compliance costs and operational efficiency in the upcoming financial year?
Will DTSB & Associates' technology-driven audit processes lead to enhanced risk management capabilities for Virgo Polymers?
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