Hawa Engineers Approves Q1 Results and Appoints New Statutory Auditors

1 min read     Updated on 22 Jul 2025, 06:35 PM
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Overview

Hawa Engineers Ltd's Board of Directors approved unaudited financial results for Q1 ending June 30, 2025, and recommended appointing M/s YUSUF C. MANSURI & CO. as new Statutory Auditors, replacing M/s N. M. Pathak & Co. The appointment is subject to shareholder approval at the upcoming AGM. The board meeting complied with SEBI regulations.

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Hawa Engineers Ltd , a prominent player in the engineering sector, has made significant announcements following its recent board meeting. The company's Board of Directors convened on July 22, 2025, to discuss and approve key financial and operational matters.

Quarterly Financial Results Approved

The board has given its approval to the unaudited financial results for the quarter ended June 30, 2025. These results, which provide insights into the company's performance for the first quarter of the fiscal year, have been uploaded on the company's official website at www.hawaengltd.com for stakeholders to review.

New Statutory Auditors Appointed

In a notable development, the board has recommended the appointment of M/s YUSUF C. MANSURI & CO., Chartered Accountants, as the new Statutory Auditors of the company. This decision comes as the term of the existing auditors, M/s N. M. Pathak & Co., is set to conclude at the upcoming Annual General Meeting (AGM).

The proposed appointment of M/s YUSUF C. MANSURI & CO. (Firm Registration No. 111768W) is subject to shareholder approval at the ensuing AGM. This change in auditors is in line with the applicable provisions of the Companies Act, 2013.

About the New Auditors

M/s YUSUF C. MANSURI & CO. is a distinguished firm of Chartered Accountants known for providing comprehensive financial and advisory services. The firm specializes in auditing, taxation, financial planning, and business consultancy. With a commitment to excellence and a client-centric approach, they bring a wealth of experience to their role as potential statutory auditors for Hawa Engineers Ltd.

Regulatory Compliance

The company has ensured compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and related SEBI circulars in disclosing these developments. The board meeting, which commenced at 3:40 p.m. and concluded at 4:40 p.m., addressed these crucial matters in adherence to regulatory requirements.

Hawa Engineers Ltd continues to maintain transparency in its operations, keeping shareholders and the market informed about significant corporate actions and financial performance. The upcoming AGM will be a key event for shareholders to ratify these decisions and gain further insights into the company's future direction.

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