Insolation Energy Appoints New Statutory, Cost, and Internal Auditors
Insolation Energy Limited appointed M/s. ARS & Company as statutory auditors for five years until 2031. M/s. Deepak Mittal & Co. re-appointed as cost auditors for FY 2026-27, and M/s. RBSN & Co. appointed as internal auditors for FY 2026-27. The board approved these appointments on May 25, 2026.
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 pertains to the routine change of auditors, which is a standard corporate governance practice and does not inherently suggest a positive or negative financial or operational impact on the company.
Insolation Energy Limited announced on May 25, 2026, that its Board of Directors, based on the recommendation of the Audit Committee, has approved the appointment of new auditors. M/s. ARS & Company, Chartered Accountants, has been appointed as the statutory auditors for a term of five consecutive years, commencing from the conclusion of the 11th Annual General Meeting (AGM) until the conclusion of the 16th AGM, expected in 2031.
Furthermore, M/s. Deepak Mittal & Co., Cost Accountants, has been re-appointed as the cost auditors for the financial year 2026-27. The company has also appointed M/s. RBSN & Co., Chartered Accountants, as its internal auditors for the financial year 2026-27.
These appointments are effective from May 25, 2026. M/s. ARS & Company is a CA firm established in 1999, known for its professional services in audit, assurance, taxation, banking, and regulatory compliance. M/s. Deepak Mittal & Co. is a leading cost accounting firm with varied experience in cost audits and system implementation. M/s. RBSN & CO. is a chartered accountancy firm providing audit, accounting, and financial advisory services since February 2014.
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Insolation Energy 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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