Halder Venture Appoints P. Somani & Co. as Statutory Auditors for 5 Years
Halder Venture Limited's Board approved the appointment of P. Somani & Co. as Statutory Auditors for five years from FY2026-27 to FY2031-32. J Pal & Co. was appointed as Cost Auditor and M/s J Kumar Jain & Associates as Internal Auditor for FY2026-27. These appointments are subject to shareholder approval.
The appointment of auditors is a routine compliance requirement and typically has a low direct impact on the company's operations or financial performance in the short term.
The announcement details routine appointments of auditors, which are standard corporate procedures and do not inherently suggest a positive or negative shift in the company's performance or outlook.
Halder Venture Limited announced significant changes in its audit functions following a Board of Directors meeting held on 29th May, 2026. The company has appointed M/s P. Somani & Co., Chartered Accountants, as its new Statutory Auditors. This appointment is for a period of five consecutive years, commencing from the conclusion of the Annual General Meeting (AGM) in the financial year 2026-2027 until the conclusion of the AGM in the financial year 2031-2032. This decision was made on the recommendation of the Audit Committee and will be presented for shareholder ratification at the upcoming AGM.
The existing Statutory Auditors, Sen & Ray, Chartered Accountants, will conclude their current term at the 44th AGM in the financial year 2026-2027. The Board also approved the appointment of J Pal & Co, Cost Accountants, as the Cost Auditor for the Financial Year 2026-2027. Furthermore, M/s J Kumar Jain & Associates, Chartered Accountants, has been appointed as the Internal Auditor for the same financial year. Remuneration for the Cost Auditor will be fixed by the Board and ratified by shareholders, while the Internal Auditor's remuneration will be determined by the Board.
What to do with a filing like this
Halder Venture Limited filed this with the NSE as a statutory disclosure, categorised under auditor changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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