Agro Phos Appoints Sudeep Saxena & Associates as Cost Auditor for FY27
Agro Phos India Limited appointed M/s. Sudeep Saxena & Associates as Cost Auditor for FY27. The appointment was approved by the Board on May 29, 2026. Remuneration requires shareholder ratification at the AGM.
The appointment of a cost auditor is a standard procedural requirement for companies and typically has a minimal direct impact on the company's financial performance or stock price.
The appointment of a cost auditor is a routine regulatory compliance and does not inherently indicate a positive or negative change in the company's performance or outlook.
Agro Phos India Limited has announced the appointment of M/s. Sudeep Saxena & Associates, Cost Accountants (FRN: 100980), as the Cost Auditor for the financial year 2026-2027. This decision was made by the Board of Directors in their meeting held on May 29, 2026, upon the recommendation of the Audit Committee.
The appointment is in compliance with Section 148 of the Companies Act, 2013, and the Companies (Cost Records and Audit) Rules, 2011. The remuneration for M/s. Sudeep Saxena & Associates will be presented to the shareholders for ratification at the upcoming Annual General Meeting.
M/s. Sudeep Saxena & Associates, established in 2010, is a proprietorship firm led by Mr. Sudeep Satyendra Saxena, who holds qualifications such as FCMA, MBA (Fin.), and M.Com. The firm has over 15 years of experience in handling costing assignments across various industries including pharmaceuticals, fertilizers, food, and textiles. Their services encompass Cost Audit, Costing Compliance, Stock Audit, and Insurance Valuation for Loss of Stock. The firm's office is located at SPARK House, 51, Scheme No. 53, Vijay Nagar, Indore.
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