Park Medi World Appoints Cost, Internal, and Secretarial Auditors for FY27
Park Medi World Limited's Board approved the appointment of Sachin Gupta & Co. as Cost Auditor and NKSC & Co. as Internal Auditor for FY 2026-27. SBR & Co. was appointed as Secretarial Auditor for five years, pending shareholder approval at the AGM.
The appointment of auditors is a routine administrative and compliance-related activity that typically has a minimal direct impact on the company's financial performance or stock price.
The announcement details routine appointments of auditors, which are standard corporate procedures and do not inherently suggest a positive or negative outlook for the company.
Park Medi World Limited announced the outcome of its Board Meeting held on May 15, 2026. The Board approved the appointment of Sachin Gupta & Co., Cost Accountants, as the Cost Auditor for the financial year 2026-27. Additionally, NKSC & Co., Chartered Accountants, has been appointed as the Internal Auditor for the same financial year.
Furthermore, the Board approved the appointment of SBR & Co., Company Secretaries, as the Secretarial Auditor. This appointment is for a term of five consecutive years, from FY 2025-26 to 2029-30, and is subject to the approval of the shareholders at the upcoming Annual General Meeting (AGM).
The Board meeting commenced at 04:00 P.M. (IST) and concluded at 04:57 P.M. (IST).
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Park Medi World 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 low impact, the band that almost never moves a portfolio on its own.
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