Board approves appointment of Cost Auditors for FY 2026
Board approved Joshi Apte & Associates, Cost Accountants (FRN 000240), as Cost Auditors for FY 2026.
By ScoutQuest · · 2 min read
- Cost Auditors Appointed for FY 2026
- Joshi Apte & Associates, Cost Accountants (FRN 000240)
- Firm Track Record
- 17-year track record in cost management accountancy
- Number of Partners
- 11 partners
What the update says
The Board of Directors, at its meeting held on October 27, 2026, approved the appointment of Joshi Apte & Associates, Cost Accountants, as the Cost Auditors of the company for the financial year 2026. The appointment was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Who the appointed firm is
- Firm name: Joshi Apte & Associates, Cost Accountants, Pune
- Registered with the Institute of Cost Accountants of India and described as a peer reviewed firm
- Track record of providing cost management accountancy services for the last 17 years
- The firm has 11 experienced professionals as its partners
- It provides services such as cost audit, costing systems, and cost study and analysis
- The update states the firm is eligible to be appointed as Cost Auditors under the Cost & Works Accountants Act, 1959
Same meeting, second item
The Board also approved the unaudited standalone and consolidated financial results for the quarter ended September 30, 2026. These are accompanied by the Limited Review Report issued by the company's statutory auditors, Price Waterhouse Chartered Accountants LLP. The review report states that nothing came to the auditors' attention that causes them to believe the statement has not been prepared in accordance with the applicable accounting standards, or that it contains any material misstatement.
What a Cost Auditor does
A cost auditor examines how a company records and controls its costs of production and operations. The role is separate from the statutory financial audit, which checks the accounts as a whole. The appointment is made for a financial year at a time.
How to read this
This is a routine board-level appointment of a professional firm for the financial year. It does not change the company's share capital, borrowing or ownership structure. The accompanying quarterly results and the auditor's review conclusion are the parts that carry the operating and financial picture for the quarter.
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More numbers
- Track record of the appointed Cost Auditor firm17 years
- Partners in the appointed Cost Auditor firm11 experienced professionals
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