Buildwell Ltd Appoints New Auditors for Upcoming Financial Years

Ansal Buildwell Limited has announced significant changes to its auditing team for the upcoming financial years. The company's Board of Directors, in a meeting held on May 29, 2025, approved the appointment of new auditors across various domains, signaling a commitment to maintaining robust financial oversight and compliance.

Secretarial Auditor Appointment

The Board has appointed M/s. Mahesh Gupta & Co. as the Secretarial Auditors for a five-year term, spanning from the financial year 2025-26 to 2029-30. This appointment is subject to shareholder approval at the upcoming Annual General Meeting.

Mr. Mahesh Kumar Gupta, the proprietor of the firm, brings over 32 years of experience to the role. As a fellow member of the Institute of Company Secretaries of India (ICSI), Mr. Gupta has built a strong reputation for integrity and professional excellence. His expertise was recognized by the ICSI with a Certificate of Appreciation in 2021.

Cost Auditor Appointment

For the financial year 2025-26, the Board has appointed Mr. Gaurav Kumar & Co. as the Cost Auditors. The firm, led by Mr. Gaurav Kumar, has extensive experience in cost compliance and cost auditing across various industries, including real estate. The firm's registration number is 101428, with Mr. Kumar holding membership number 31731.

Internal Auditor Appointment

M/s. Shailender K. Bajaj & Co., Chartered Accountants, have been appointed as the Internal Auditors for the financial year 2025-26. This Delhi-based proprietorship firm brings three decades of experience in providing a comprehensive range of professional services across India.

Conclusion

These appointments reflect Ansal Buildwell's commitment to maintaining high standards of financial reporting and corporate governance. The diverse expertise of the newly appointed auditors is expected to contribute to the company's financial transparency and compliance efforts in the coming years.

Shareholders and investors can expect these changes to take effect from the start of the 2025-26 financial year, pending necessary approvals. The company's proactive approach in securing long-term auditing partnerships, particularly in the case of the Secretarial Auditor, suggests a focus on consistency and depth in its financial oversight processes.