Khadim India Re-appoints M/s. Ray & Ray as Statutory Auditors for 5 Years
Khadim India's Board met on May 20, 2026, approving audited standalone and consolidated financial results for FY26. They also re-appointed M/s. Ray & Ray as Statutory Auditors for a second five-year term, starting after the 45th AGM until the 50th AGM in FY32, pending member approval.
The re-appointment of statutory auditors for a significant term provides stability and continuity in financial reporting and assurance. The approval of financial results is also a material event for stakeholders.
The announcement is primarily an update on financial results and auditor re-appointment, which are routine corporate actions. While the re-appointment is positive for auditor continuity, it doesn't inherently signal a significant positive or negative shift in the company's performance or outlook.
Khadim India Limited announced the outcome of its Board Meeting held on May 20, 2026. The Board considered and approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The report issued by M/s. Ray & Ray, Chartered Accountants, the company's statutory auditors, was reviewed by the Audit Committee and received an unmodified opinion.
Furthermore, the Board approved the re-appointment of M/s. Ray & Ray as Statutory Auditors for a second term of five consecutive years, commencing from the conclusion of the upcoming 45th Annual General Meeting (AGM) until the conclusion of the 50th AGM in the financial year 2031-32, subject to shareholder approval. The Board meeting commenced at 1:30 p.m. and concluded at 2:00 p.m.
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Khadim India Limited filed this with the NSE as a statutory disclosure, categorised under board meeting. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Khadim India Limited. Read the original for the full detail.