Essar Shipping Board Approves FY26 Audited Results and Appoints New Internal Auditors
Essar Shipping Limited's Board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company also appointed M/s. Shyam Malpani & Co. as Internal Auditors for FY 2026-2027.
The change in internal auditors and the approval of financial results are important disclosures for investors and stakeholders, impacting corporate governance and financial oversight.
The announcement reports on the approval of financial results and the appointment of new internal auditors, which are routine corporate actions. No significant positive or negative financial performance or strategic shift is highlighted.
Essar Shipping Limited announced the outcome of its Board Meeting held on Saturday, May 30, 2026. The Board approved the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026. The results were accompanied by an Audit Report from the statutory auditors, Manohar Chowdhry & Associates, with an unmodified opinion.
Furthermore, based on the recommendation of the Audit Committee, the Board approved the appointment of M/s. Shyam Malpani & Co, Chartered Accountants, as the Internal Auditors for the Financial Year 2026-2027. The meeting commenced at 2:00 p.m. and concluded at 4:00 p.m.
M/s. Shyam Malpani & Co, established in 1982, has extensive experience in various audit and consultancy services, including statutory audits, internal audits, risk advisory, tax audits, and matters related to GST and the Insolvency and Bankruptcy Code. The firm has a presence in Mumbai, Delhi, Indore, and Jaipur and is empaneled with the Comptroller and Auditor General of India (CAG) and for Bank Audits.
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