Board Approves Appointment of Cost Auditor for FY 2026-27
The Board, at its meeting held on September 26, 2026, approved the appointment of M/s S K Saxena Verma & Co., Cost Accountants, as Cost Auditors for FY 2026-27.
By ScoutQuest · · 1 min read
- Cost Auditor Appointed
- M/s S K Saxena Verma & Co., Cost Accountants
- Firm Registration Number
- 000195
- Audit Period
- FY 2026-27
- Board Meeting Date
- September 26, 2026
- Firm Experience
- Over three decades in Cost and Management Accounting
What happened
The Board of Directors approved the appointment of M/s S K Saxena Verma & Co., Cost Accountants (Firm Registration no. 000195) as Cost Auditors of the company for FY 2026-27.
Meeting details
- Board meeting held on September 26, 2026
- Commenced at 4:20 p.m. (IST), concluded at 4:45 p.m. (IST)
About the appointed firm
- Over three decades of experience in Cost and Management Accounting
- Experience in statutory cost audits, maintenance and implementation of cost records, and corporate costing consultancy
- Sectors covered include steel, edible oils, FMCG, footwear, paper, gas distribution and heavy engineering
- Focus stated on statutory compliance, cost governance and adherence to the Companies Act, 2013 and applicable Cost Accounting Standards
What it means for investors
A cost auditor examines a company's cost records, which certain manufacturers are required to maintain. This is a routine annual appointment and an administrative, compliance-oriented disclosure rather than a business development. It does not by itself change the company's operations or financials.
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