Cost Auditor, Secretarial Auditor and Internal Auditor Appointed for FY 2026-27

The board approved three auditor appointments for the financial year 2026-2027.

Wed 30 Sep 2026

Internal Auditor Appointment

Mr. Balayogiswara Rao Peddinti appointed for FY 2026-2027

Cost Auditor Appointment

M/s Avnesh Jain & Co., Cost Accountants appointed for FY 2026-2027

Secretarial Auditor Appointment

M/s Mahendra Khandelwal & Co. appointed for FY 2026-2027

Reason for Appointments

To comply with Companies Act, 2013 and strengthen secretarial and corporate compliance functions

What was announced

The company informed the exchange that its board approved the appointment of three auditors, each for the financial year 2026-2027.

• Internal Auditor: Mr. Balayogiswara Rao Peddinti, a finance professional with experience in Accounts, Finance, Product Costing, MIS, Payroll and Statutory Compliances, including plant finance and financial controls.
• Cost Auditor: M/s Avnesh Jain & Co., Cost Accountants, a Jaipur-based proprietorship firm headed by Mr. Avnesh Jain, with experience in cost audit, costing, budgeting, management reporting, project accounting, cost analysis and preparation of cost sheets.
• Secretarial Auditor: M/s Mahendra Khandelwal & Co., a proprietorship firm of Practising Company Secretaries founded by CS Mahendra Prakash Khandelwal, Fellow Member of ICSI, with services in Corporate Laws, SEBI Laws, RBI Laws, Listing Regulations, Secretarial Audit, Due Diligence, Business Management and Mergers & Acquisitions, and experience in secretarial audits of listed entities.

Reason given

In each case the stated reason is to comply with the applicable provisions of the Companies Act, 2013 and to strengthen the secretarial and corporate compliance functions.

Relationship with directors

Disclosure of relationships between directors is marked Not Applicable for all three appointments.

What it means for investors

These are internal, cost and secretarial audit roles, distinct from the statutory financial auditor. Such appointments are periodic governance steps and carry no direct financial figures or business impact in this update.

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